President Joe Biden’s announcement on Sunday that he will not seek re-election in 2024 has shifted focus to Vice President Kamala Harris as the likely Democratic candidate. As Harris prepares for a potential presidential run, there are lingering questions about her stance on cryptocurrency, a topic she has yet to address publicly.
Ryan Montoya, who was appointed as the director of scheduling & advance for the Biden-Harris campaign in 2020, brings a tech-savvy perspective to Harris’ team. With his background as the former CTO of the Sacramento Kings and a strong advocate for blockchain technology, Montoya’s influence hints at a potentially nuanced approach to digital assets within the Harris camp.
Speculation continues about Vice President Kamala Harris’ potential running mates, with their positions on cryptocurrency remaining unclear. Pennsylvania Governor Josh Shapiro, who has endorsed Harris and called for party unity, has not made specific statements on crypto. This is notable given recent developments in Pennsylvania’s regulatory framework, which now includes “cryptocurrency” in its definition of “money” under the state’s money transmission law.
In contrast, California Governor Gavin Newsom, a potential VP contender, has shown a proactive approach to crypto by enacting legislation similar to New York’s “BitLicense,” signaling strong support for blockchain innovation.
With media reports naming at least nine candidates under consideration for Harris’ running mate, their diverse backgrounds and policy positions add complexity to the Democratic ticket. Harris’ relative silence on cryptocurrency contrasts sharply with former President Donald Trump’s recent vocal support for crypto at a national level.
As President Biden steps away from the spotlight, all eyes are on Harris and her stance on crypto as the November elections approach.