Democrats are keen to uplift Kamala Harris’ odds of winning the next US elections by uplifting her reputation in the crypto industry. The Dems have floated a Crypto4Harris Group which is planning a townhall meeting next Wednesday, August 14. Reportedly, Democratic supporter and billionaire Mark Cuban will also be attending the meeting next week.

Mark Cuban to Attend Crypto4Harris Townhall

The reason for the Democrats to float this Crypto4Harris update is to stop Donald Trump from dominating this issue as well as bridge the gap between the crypto administration and the Harris team. The official handle of Crypto4Harris Group on X describes it as “a grassroots network of crypto advocates organizing, fundraising, and developing a nuanced crypto-policy approach for the Harris For President campaign”.

Billionaire entrepreneur Mark Cuban, along with other industry participants, will be speaking at the meeting. The billionaire has been facing heat for his endorsement of Kamala Harris and Tim Walz.

While Mark Cuban has been praising Harris and Walz for having a warm connection with people, VanEcks’ Matthew Sigel has lashed out at the entrepreneur asking him on what basis he draws an opinion when Kamala Harris has not given a single interview/debate yet even after being the Presidential nominee for the upcoming US elections.

As reported by Fox Business journalist Eleanor Terret, the main organizers of Crypto4Harris Group include top industry players like Crypto Council CEO Sheila Warren as well as former Chainlisys executive Amanda Wick. SkyBridge Capital founder Anthony Scaramucci will also be attending the event.

NEW: Some more deets on the new @Crypto4Harris group and the people behind it:

I’m told the main organizers are a mix of industry participants and policy experts including @sheila_warren of @crypto_council, @Amanda_S_Wick —formerly of the @TheJusticeDept and @chainalysis,… https://t.co/5JsSY59lLn

— Eleanor Terrett (@EleanorTerrett) August 7, 2024

Also Read: Nikkei Jumps 2.5% As BOJ Hints to Pause Rate Hike, Crypto Market Rally Ahead?

Donald Trump’s Son Eyes DeFi Outreach

In a surprising announcement on Tuesday, Donald Trump’s son Eric Trump tweeted that he has a big announcement to make in the crypto and the DeFi sector going ahead.

I have truly fallen in love with Crypto / DeFi. Stay tuned for a big announcement…@Trump @realDonaldTrump @DonaldJTrumpJr

— Eric Trump (@EricTrump) August 6, 2024

Well, this clearly shows that political leaders are exploring further opportunities in the wider crypto market while exploring other areas of growth as well.

Also Read: BlackRock Ethereum ETF Nets $108M Inflows As Nasdaq Seeks ETHA Options Trading

The post Mark Cuban Joins Crypto Democrats To Attend Crypto4Harris Town Hall appeared first on CoinGape.

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Filed under: News - @ August 7, 2024 6:20 am