Crypto Executives Plan Fundraiser to Support Kamala Harris

As a seasoned analyst with over two decades of experience in both traditional finance and the burgeoning world of cryptocurrencies, I find this recent development particularly intriguing. The crypto industry has traditionally leaned towards conservative politics, but the shift towards Democratic candidates like Kamala Harris suggests an evolving landscape.


Based on a recent report by Reuters, individuals within the cryptocurrency sector have planned a fundraising event for September 13 with the aim of collecting over $100,000 in donations to contribute to the political campaign of Democratic presidential candidate Kamala Harris.

The gathering, allegedly planned by certain cryptocurrency investors and business leaders, is expected to involve contributions of at least $500 up to $5,000 from each participant.

Currently, former President Donald Trump is consistently garnering backing from the cryptocurrency sector. On the other hand, Senator Kamala Harris is starting to pique curiosity among certain groups, as they anticipate changes in the way digital assets could be managed.

In the world of cryptocurrency, some individuals see Harris’s undecided position on digital assets as a chance for the crypto sector to collaborate with her election campaign.

As a crypto investor, I can’t help but think: “Why not use the initial fundraising opportunities – and there will be plenty more to come – to express our views about what cryptocurrency could mean for Democrats under a potential new administration?” This is my thought, put forth by Cleve Mesidor, an executive director at the Blockchain Foundation.

This backer views this opportunity as a means to secure a place for the crypto sector in future considerations.

As stated by a spokesperson from WilmerHale, it was essential for us to express our support for the new Democratic presidential nominee, and we collaborated to explain to her the significance of our industry.

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2024-09-01 12:05