Vice President Kamala Harris’ stance on crypto is relatively unknown, but organizers behind a new group called Crypto4Harris are pressing forward with an initiative to rally digital asset-holding supporters around the Democratic Party’s 2024 presidential nominee.
The grassroots network of crypto advocates is set to host a town hall event through Zoom next week. Attendees will have the opportunity to converse with industry leaders, policy experts, and crypto enthusiasts backing Harris’ White House bid, a description of the event states.
With less than 90 days before November’s divisive U.S. election, the mobilization of crypto fans follows President Joe Biden’s decision not to run for reelection last month. Meanwhile, former President Donald Trump has made repeated remarks in support of crypto on the campaign trail.
The Crypto4Harris account on Twitter (aka X) said that billionaire Mark Cuban is among the “heavyweights” scheduled to attend. Previously, the investor and noted Bitcoin fan told Decrypt that multiple people from Harris’ camp had reached out to him with crypto-related questions, which he described “as a good sign.”
The Biden administration has adopted a tough stance toward crypto over the past few years, between a proposed tax on Bitcoin miners, the vetoing a pro-crypto resolution in May, and enforcement actions pursued under Securities and Exchange Commission Chair Gary Gensler.
Trump has seized on what some crypto advocates describe as an all-out regulatory war. The former president was met with thunderous applause, for example, in Nashville when he told Bitcoiners that he would “fire Gary Gensler” if reelected, ending an “anti-crypto crusade.”
Whether or not Harris’ camp turns a new leaf on crypto remains an open question. Still, Harris recruited David Plouffe recently as a senior advisor. Plouffe served as the campaign manager for former President Barack Obama’s successful White House bid in 2008, and he previously held a seat on the crypto exchange Binance’s global advisory board.
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