Analysis: Harris cannot bear the consequences of "handing cryptocurrency over to Trump."

ChainCatcher news, according to Coindesk, the independent financial think tank OMFIF stated that U.S. Vice President Kamala Harris cannot afford the consequences of "handing cryptocurrency over to Trump," as the support and donations from cryptocurrency voters could have an impact in key swing states.

Trump attracted cryptocurrency supporters at the Bitcoin Nashville conference and promised to create a strategic Bitcoin reserve if elected. Lewis McLellan, editor of the OMFIF Digital Currency Institute, pointed out that Trump has identified a group of disgruntled voters, or potential donors, with his typical opportunistic approach. Purchasing 200,000 Bitcoins annually over five years would give the U.S. a significant share of the total 21 million Bitcoins, and this measure alone could be enough to attract campaign funding donations from those holding large amounts of Bitcoin.

Harris has not yet made an official stance on cryptocurrency, but her camp recently engaged with cryptocurrency representatives, showing "new signals of openness." OMFIF commented that Harris must develop her own agenda for crypto assets, or she risks completely conceding to the Republicans. While few would abandon the Democratic Party for supporting the development of the cryptocurrency industry, attracting votes and donations from cryptocurrency supporters away from the Republican camp could have an impact in key swing states.