Kamala Harris Teases Pro-Crypto Stance as Her Campaign Reaches Out to Ripple, Coinbase, and Circle
- WBOYOriginal
- 2024-07-27 21:42:09338browse
US Vice President Kamala Harris' advisors contacted crypto companies including cross-border payments leader Ripple, leading exchange Coinbase, and stablecoin company Circle
Vice President Kamala Harris' campaign team is reportedly reaching out to major crypto companies in the United States, including Ripple, Coinbase, and Circle, to improve relations between the Democratic Party and the crypto industry.
This move comes as her rival, former President Donald Trump, has received significant donations and support from the crypto community in the 2024 presidential election race.
According to a report by the Financial Times on July 27, Harris' advisors have approached crypto companies to set up meetings in the coming days. Four people familiar with the matter confirmed that Harris' campaign team is seeking these meetings.
People close to the crypto companies mentioned in the report have also confirmed that they are in talks with Harris.
The move by Harris' campaign is notable, especially considering the crypto community's strong support for Trump and criticism of the Biden Administration. Crypto experts have warned the Democratic Party of a potential loss in the presidential election due to their anti-crypto policies.
Prediction markets have shown a decline in Joe Biden's odds of winning the election as Trump's crypto-focused campaign gains momentum.
However, Harris' campaign has stated that the decision to meet with crypto companies is not primarily driven by attracting new donations. According to a person close to her campaign, the underlying message Harris wants to convey is that the Democrats are "pro-business, responsible business."
It's worth noting that both Ripple and Coinbase have donated millions of dollars to pro-crypto PACs.
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