Kamala Harris Campaign Advisor Calls Crypto Companies

2024-07-28

Kamala Harris Campaign Advisor Calls Crypto Companies

BittimeKamala Harris' campaign advisors call on crypto companies like Coinbase and Ripple Labs to build a clear and supportive regulatory framework, demonstrating the Democratic Party's commitment to technological progress.

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Kamala Harris Campaign Advisor Calls Crypto Companies

Sources from Deep Trend TechFlow News reported to the Financial Times on July 28 that advisors to Kamala Harris' campaign for US Vice President have contacted key figures in the crypto industry. This is done to build relationships and ultimately develop a clearer and more beneficial regulatory framework for the sector.

Connections with Major Crypto Industry Players

Kamala Harris' campaign advisor has reportedly been in contact with several major entities in the crypto world, including:

  • Coinbase: One of the largest crypto exchanges in the world.

  • Circle: The company that manages the stablecoin USD Coin (USDC).

  • Ripple Labs: A company focused on blockchain payments and best known for its cryptocurrency XRP.

Pro-Business Message Between Kamala Harris and the Crypto Industry

According to sources, Kamala Harris is trying to convey that the Democratic Party supports responsible business and companies. This method was seen as an attempt to restore relations with the technology industry during his candidacy for the Democratic presidential nomination. This was done after the Biden administration's policies were deemed unfavorable to the technology sector, which has historically been more liberal.

Are There Chances for the Future?

The nomination of Kamala Harris as a presidential candidate brings new hope for relations between the government and the technology sector. Harris demonstrated his commitment to understanding and meeting the needs of the industry through fair regulation and supporting growth by proactively interacting with key players in the crypto industry.

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The crypto industry could see this as a positive step towards closer cooperation with governments, as they often face uncertain regulations. This move could also help remove some of the obstacles currently faced by crypto companies operating in the United States.

Conclusion

Campaign advisor Kamala Harris' stance to collaborate with major crypto companies such as Coinbase, Circle, and Ripple Labs shows the Democratic Party's clear commitment to supporting progress in ethical business and technology. By taking this action, Harris not only strengthens her position as a presidential candidate, but also provides new hope for the future regulation of the crypto industry in the US.

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Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.

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