Market
Kamala Harris Reps Reset Crypto Leaders Meeting Date
Kamala Harris’s representatives have rescheduled their meeting with crypto leaders after postponing the initial date. While the Democratic Party aims to reset its relationship with the crypto community, their selection of a running mate for the November elections suggests otherwise.
Crypto has gained mainstream attention in the US as the elections approach, with Republicans and Democrats alike leveraging the sector in their bid for administration.
Democrats to Meet With Crypto Leaders This Week
BeInCrypto reported the postponement of Kamala Harris’s representatives with crypto leaders on Monday. In a new development, Fox Business reporter Eleanor Terrett reported the rescheduling, which was pushed to Thursday, August 8, at 11:45 a.m. EST.
“Ro Khanna’s crypto meeting with Dem leaders will now take place Thursday at 11:45 a.m. EST,” Terrett noted.
As planned, California’s 17th congressional district representative, Congressman Ro Khanna, will still host a meeting in Washington. It remains unknown exactly which crypto industry leaders will attend. Nevertheless, Democrats’ commitment to appeal to the crypto community appears to be unshakable despite the previous sour relationship.
In related news, the Democrat Party ticket holder has selected her running mate for the 2024 elections. Kamala Harris will run for the US presidency alongside Minnesota Governor Tim Walz. This selection surprised many who expected her choice to appeal to crypto voters.
As BeInCrypto reported, many speculated that Mark Kelly of Arizona, Pennsylvania Governor Josh Shapiro, or Michigan Senator Gary Peters would run for vice president in Harris’s campaign. In a surprising twist, Harris chose an anti-crypto running mate. Prediction platform Polymarket confirms the selection.
Read more: How Can Blockchain Be Used for Voting in 2024?
This means that Kamala Harris and Tim Walz will face Donald Trump and J.D. Vance, two outspoken crypto proponents, against two known crypto critics.
“VP Pick Governor Tim Walz of MN has advocated for stricter crypto regulations to ensure the financial system’s security & stability & protect consumers from potential fraud & abuse,” Head of Digital Assets Research at VanEck Mathew Sigel commented.
Another user on X, Guy Corem, observed that Walz has not made any public statements about Bitcoin or cryptocurrencies. He likens the Minnesota governor’s stance to that of Senator Elizabeth Warren and Gary Gensler, inferring Walz’s position from his general approach to regulation and consumer protection.
Read more: Top 9 Web3 Projects That Are Revolutionizing the Industry
Interestingly, the selection has not harmed Harris’s winning odds on Polymarket, which now stand at 46% against Donald Trump’s 53%. It will be interesting to know what Democrats will say on Thursday.
Meanwhile, Kamala Horris (KAMA), the meme coin inspired by Kamala Harris, is down 3%, wiping out some gains since the Tuesday session’s opening.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.