Vice President Kamala Harris is trying to make better connections with major cryptocurrency businesses. She wants to work together with them and create a helpful set of rules for the industry.
This push happens because more people in the crypto world back Donald Trump, who’s running against Harris for president.
Harris’s team has reached out to big crypto firms like Coinbase, Circle, and Ripple Labs to set up talks and discuss possible teamwork. They want to create a good relationship, talk about the problems, and promote safe development in the crypto market.
The cryptocurrency industry has emerged as a major player in the election, with the pro-crypto super PAC Fairshake raising over $200 million from influential supporters. Harris’s campaign acknowledges the significance of building a supportive relationship with this sector to foster innovation and development.
The campaign is not mainly about gaining funds for the elections. Besides that, they are looking forward to a partnership that will be mutually beneficial. Harris wants to show that Democrats are not against businesses and that they support safe and responsible business practices.