tl;dr
The Digital Chamber, a digital asset trade association, is urging Kamala Harris, the presumptive Democratic nominee, to embrace the U.S. cryptocurrency industry for her would-be presidential campaign. The association recommends fostering open dialogue with crypto industry leaders, including pro-cryp...
The Digital Chamber, a digital asset trade association, is urging Kamala Harris, the presumptive Democratic nominee, to embrace the U.S. cryptocurrency industry for her would-be presidential campaign. The association recommends fostering open dialogue with crypto industry leaders, including pro-crypto language in the Democratic Party’s platform, and selecting a pro-crypto running mate.
Kamala Harris has emerged as the frontrunner for the Democratic nomination, following Biden's withdrawal from the presidential race and subsequent endorsements of Harris. The timing of Harris becoming the Democratic nominee remains unclear.
The Digital Chamber recommends that Vice President Harris foster “open dialogue” with key crypto industry leaders, as well as include pro-crypto language in the Democratic Party’s platform. The trade group also advises Harris to select a pro-crypto running mate in a bid to repair her party’s rocky relationship with digital asset holders and companies.
“There is a public perception that the party holds a negative viewpoint of digital assets, largely due to the Biden/Harris Administration's notably cautious and at times hostile approach to these transformative technologies,” The Digital Chamber wrote in the letter. “Your expected candidacy for President represents an opportunity to change that perception.” Harris emerged as the frontrunner for the Democratic nomination shortly after President Biden dropped out of the presidential race on Sunday.
Since then, Harris has clinched the support of several key Democratic allies, including Former President Bill Clinton, former Secretary of State Hillary Clinton, and California Gov. Gavin Newsom. Biden on Sunday also signaled his “full support and endorsement” of Harris in a social media post.
Harris accepted the endorsements on Sunday in a statement disseminated by the Biden campaign. “I am honored to have the President’s endorsement and my intention is to earn and win this nomination,” Harris said in the statement.
Whether or not Harris will actually become the Democratic nominee—and when that could happen—remains unclear. Democrats could formally pick their presidential nominee during a virtual roll call in early August. Alternatively, the party’s members could wait to select a nominee at the Democratic National Convention, which is scheduled to run from August 19 to August 22.
More about CME Group Inc
CME Group Inc. (Chicago Mercantile Exchange, Chicago Board of Trade, New York Mercantile Exchange, The Commodity Exchange) is an American global markets company. It is the world's largest financial derivatives exchange, and trades in asset classes that include agricultural products, currencies, energy, interest rates, metals, stock indexes and cryptocurrencies futures.
Industry: FINANCE, SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES
Market Cap: 71958995000
Current Price: 22.79
PE Ratio: 4.45
EPS: 8.77
Dividend Yield: 15.64
Beta: 0.569
Volume: 5615500000
52-week Range: 221.92
Price Change (1 year): -0.033
Price Change (YTD): 0.032