In a bid to bolster US Vice President Kamala Harris’s presidential campaign, crypto advocates have teamed up to advocate for policies in favor of the industry. Their move comes following the selection of Minnesota Governor Tim Walz as Harris’s running mate for the upcoming elections.

An Advocacy Group Emerges in Support of Harris

Diverse individuals including industry leaders, experts in policies, and crypto enthusiasts have come together to form the “Crypto Advocates For Harris” group. They aim to advance a nuanced stance on digital assets to position America as a frontrunner in the industry.

Notably, this group was formed by Democrats in the crypto space to counterbalance Donald Trump’s industry-friendly narrative, who has garnered substantial industry support by positioning himself as a proponent of innovation and technology.

Backlash Faced by the Advocacy Group

The advocacy group plans to host a virtual Town Hall to outline their support strategies for Harris’s campaign and how the community can contribute. Some well-known personalities like Mark Cuban and various pro-crypto Democratic representatives are expected to take part in the event.

However, the initiative has been met with a mixed reception from the crypto community, with questions raised about the group’s intentions and the credibility of last-minute efforts to align with the industry’s interests.

Organized by a mix of industry players and policy experts, the group aims to influence Harris’s stance on cryptocurrencies. Yet, doubts linger among some community members about the effectiveness of these endeavors, especially with the influence of key figures such as Senator Elizabeth Warren and the SEC chairman still looming.