Official Democratic National Committee platform release

27 Democrats Urge DNC to Shift Anti-Bitcoin Policies

Jul 27, 2024, 04:11 PM

A group of 27 Democratic politicians, led by Rep. Wiley Nickel and including Rep. Ro Khanna, have penned a letter to the Democratic National Committee (DNC) advocating for a shift in the party's stance on cryptocurrency policies. The letter calls for the inclusion of pro-crypto language in the party platform and urges the DNC to move away from the anti-Bitcoin and anti-Ethereum policies associated with Senator Elizabeth Warren. The politicians argue that over 20% of voters in key battleground states consider crypto a major issue in the 2024 election, and adopting a more favorable stance on digital assets could be crucial for electoral success. The letter also highlights the non-partisan nature of blockchain technology and its potential benefits for consumers. The move is seen as a response to GOP pro-bitcoin policies and President Trump speaking at the Bitcoin conference.