According to sources, advisors of Vice President Kamala Harris have reached out to key names in the cryptocurrency industry. These contacts are part of an effort to develop relationships that can assist in shaping future regulatory frameworks.

Recently, crypto exchange Coinbase, stablecoin company Circle, and blockchain payments firm Ripple Labs have been contacted for this purpose. Harris aims to convey the message that Democrats are "pro-business and pro-responsible business."

Harris's rise to the top among Democratic presidential candidates is seen as an opportunity to rebuild relations with the technology sector. This comes after the regulatory stance of the Biden administration sparked criticism within what has traditionally been a more liberal-leaning industry.