Deputy Treasury Secretary, former Chief of Employees Harris and others attend Democratic cryptocurrency summit

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Deputy Secretary of Finance, Wally Adeyemo, Kamala Harris In line with Fox Information reporter Eleanor Terrett, former Chief of Employees Christine Lucius attended a cryptocurrency convention hosted by Rep. Ro Khanna on August 8.

White Home counsel Anita Dunn, nationwide financial adviser Lael Brainard and deputy chief of employees Bruce Reed had been scheduled to attend, however Terrett stated Dunn was absent regardless of having beforehand attended an analogous assembly.

Billionaire investor Mark Cuban and Silicon Valley “tremendous angel” investor Ron Conway attended the assembly, together with different unnamed business leaders.

Additional particulars of the assembly had not been launched on the time of writing, and the reported individuals have but to make any official statements on the matter.

The assembly is a part of a broader effort to make Harris' marketing campaign extra crypto-friendly. Democrats have launched a brand new advocacy group known as “Crypto for Harris” to counter former President Donald Trump's rising affect within the business.

The group plans to carry a digital city corridor assembly subsequent week, with Cuba and Skybridge Capital Founder Anthony Scaramucci. A number of Democratic lawmakers are additionally anticipated to attend.

Jonathan Padilla, CEO of Web3 advertising and marketing firm Snickerdoodle and one of many organizers of Crypto for Harris, stated:

“The US should stay a pacesetter in blockchain and cryptocurrency, and teams like Crypto for Harris are working onerous to make sure the precise insurance policies and dialogue are in place to make sure that end result.”

The occasion is geared toward presenting Harris as a pro-crypto candidate and countering Trump's efforts to garner assist from the crypto neighborhood, together with the addition of former crypto advisors David Plouffe and Gene Sperling to Harris' marketing campaign.

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Since Might, President Trump has continued to talk out in assist of cryptocurrencies. He opened Since then, US presidential candidates have solicited Bitcoin (BTC) donations for his or her campaigns. I vowed to finish it The present administration's combat towards cryptocurrencies Doubled Concerning these claims.

As well as, he promised If elected at this 12 months's Bitcoin Convention in Nashville, he would hearth SEC Chairman Gary Gensler on his first day and make america a Bitcoin “superpower.”

On July 16, the Polygon-based prediction market PolyMarket gave Trump a 72% likelihood of profitable the election, nevertheless it has been trending downward since then. On the time of writing, Harris and Trump are each tied at 49% likelihood.

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