Coinbase exec confirms talks with Kamala Harris campaign on crypto policy direction

Vice President Kamala Harris ‘ team has been reaching out to key players in the crypto industry as part of an effort to improve the strained relationship with the rapidly growing sector, according to Coinbase’s Chief Policy Officer, Faryar Shirzad.

In a recent social media post on X, Shirzad revealed he's been engaged in multiple discussions with the Harris team, addressing topics such as fostering innovation, job creation, and protecting consumers in the United States.

His comments come after a recent statement by Brian Nelson, a senior policy adviser for Kamala Harris's presidential campaign, which expressed support for pro-crypto policies.

Shirzad noted:

“The discussions have been a crucial first step, and Brian Nelson’s statement is a positive sign of progress.”

Harris crypto moves

On Aug. 21, reports surfaced that Nelson stated that Harris supports policies aimed at growing the digital asset sector. This support also extends to emerging technologies, indicating a broader commitment to innovation.

Nelson’s comments suggest that Harris may be looking to engage with the growing cryptocurrency industry. While Harris hasn't explicitly defined her position on crypto , recent campaign actions suggest a possible shift towards the sector. This development has sparked talk of a “reset” campaign, implying that Harris might adopt a different approach compared to the current administration's stricter stance.

US Representative Wiley Nickel highlighted that Nelson's statement aligns with his call for a crypto reset . He believes this action presents an opportunity for the Democratic Party to safeguard consumers while supporting digital innovation in the US.

He remarked :

“We have a significant opportunity to build upon our coalition of Democrats who are working to protect consumers and maintain digital innovation in the United States.”

Despite these efforts, the crypto community’s response to Harris’ campaign has been mixed. Venture capitalist Nic Carter expressed skepticism, stating he does not believe in this “phony pro-crypto pivot” and criticized Harris for making vague promises about possible future changes rather than taking immediate action.