Democratic Party Platform Makes No Mention of Bitcoin or Crypto - Decrypt

08/19/2024 16:54
Democratic Party Platform Makes No Mention of Bitcoin or Crypto - Decrypt

Ahead of the Democratic National Convention, the party backing Kamala Harris for president completely skipped crypto in its policy plan.

The Democratic National Committee (DNC) unveiled its official platform on Sunday, with no mention of cryptocurrencies or blockchain technology in its nearly 100-page manifesto

The document is expected to receive approval from delegates at the Democratic National Convention in Chicago on Tuesday. It is unclear if the document will be changed before then. 

The DNC platform’s omission of cryptocurrencies marks a strong contrast to the rival Republican platform, which included several pro-crypto declarations.

The platform’s unveiling follows Democrats’ signaling of their willingness to engage with crypto industry leaders in recent weeks. Their shifting attitudes toward the digital asset space comes as pro-crypto donors pour millions of dollars into Democratic congressional candidates’ campaigns.

The DNC finalized its platform weeks ago before President Joe Biden backed out of the 2024 election, The Guardian reportedThe DNC did not immediately reply to Decrypt’s request for comment.

Edited by Andrew Hayward

Editor's note: This story is breaking and will be updated with additional details.

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