Vice President Kamala Harris’ campaign team received a letter from a group of Web3 and decentralized finance (DeFi) leaders. The group is requesting a meeting in the United States to discuss measures to support innovation in blockchain and cryptocurrency markets.
Meeting Request from Web3 and DeFi Leaders
The letter sent on Tuesday was signed by more than 20 members of the crypto industry, including Cleve Mesidor of the National Policy Network WOC Blockchain and Olayinka Odeniran of the Black Women Blockchain Council. Signers emphasized the importance of policies that support all developers.
The group requested that Kamala Harris participate in a conversation on the parameters of the regulatory environment that will enable innovation in Web3 and DeFi. It also called for rules that support investor protection and encourage financial access and capital accumulation.
The Importance of Inclusive Financial Access
Crypto advocates who signed the letter stated that current policies make it difficult for vulnerable groups to access cryptocurrencies. He noted that although communities of color such as Black, Latino, Asian American and Indigenous people were early adopters of crypto, they were excluded from the traditional financial system.
They also wanted their opinions to be included in the policy-making process.
“We want a seat at the policy table and a voice in the regulatory debate.”
The group stated that it is critical to establish policies that will ensure that the United States continues its Web3 lead and that all developers are supported.
It is not known how Kamala Harris will respond to these demands. It is unclear when and whether the meeting will take place. However, the fact that the favorite US Presidential Candidate is receiving such requests may push him to adopt a clearer stance on crypto.
As a result, it is stated in the letter that the search for regulatory support for the development of cryptocurrency and blockchain technologies is at the forefront. It is positive that the crypto community is vocal about its goals of creating a more inclusive and accessible financial ecosystem.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
