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Market News

Crypto Executives Plan Fundraiser to Support Kamala Harris

Written By Iyiola Adrian
Published September 1, 2024 1:40 PM·Updated 2 years ago
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According to a recent report from Reuters, some people in the crypto industry are setting up a fundraiser on September 13 to gather $100,000 or more to support Democratic presidential nominee Kamala Harris’s campaign.

The event, which is reported to be organized by some crypto investors and industry executives, will see each donor contributing at least $500 to $5,000.

While former President Donald Trump has been receiving steady support from the crypto industry, Harris is now drawing some interest as well from some groups who are hoping for a shift in how digital assets are regulated

Some people in the crypto space believe that Harris’s lack of defined stance on crypto assets represents an opportunity for the crypto industry to engage with her campaign.

“Why not seize on the first fundraiser – which there will be many others – to actually make a statement about what crypto is for Democrats as a potentially new administration contemplates how do they look at this?” said Cleve Mesidor, an executive director at the Blockchain Foundation

These supporters see this as a chance to ensure that the crypto industry is considered in the future. According to a representative from WilmerHale, “We wanted to make sure that with the change in the presidential nominee for the Democrats, that we were supportive, and we came together to help her understand the importance of this industry”

Also Read: Circle CEO Reveals Kamala Harris Campaign’s Focus on Crypto Policy

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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