The renowned Bitcoin enthusiast Mark Cuban was pleased to announce that the Democrat presidential candidate Kamala Haris has been in dialogues with crypto advisors to prepare for the Bitcoin conference in Tennessee.
On Tuesday the American crypto investor Mark Cuban received a series of questions from the democrats. The question was based on crypto policies and regulations signaling a positive gesture that Kamala will enact a comprehensive regulatory framework for digital assets.
Democrat Presidential Candidate Prepare for Bitcoin Conference
Even though Cuban was skeptical about the inquiries process he was not sure whether Kamala’s advisor consulted other market players. On X the Bitcoin Magazine reported that the chief executive of the Bitcoin conference David Bailey was in talks with Harris concerning her attendance at the 2024 Bitcoin event.
The Democrat presidential candidate is expected to confirm her attendance at the end of the day. The event will be graced by over 20,000 attendees from tech, finance, and crypto. If she will attend the event it will be the first time Harris shares a podium with his top rival Donald Trump.
In a separate report, the American newspaper Politico confirmed that entrepreneurs and business leaders were optimistic that Harris would foster the development of emerging technologies such as crypto if he ascended office.
Cuban told Politico if Harris wins the November 5 election she will welcome emerging technologies such as artificial intelligence (AI), and crypto among others. The investor anticipates the upcoming election to be more competitive as Silicon Valley top-level management shows their support for pro-crypto presidential aspirant Trump.
The tech mogul advised Harris to consider changing the policies to set a new tune and inform the public that she was open for business.
Mark Cuban Advise Kamala Harris to Change Policies
On the campaign trail, Trump has emerged as a crypto crypto-friendly politician seeking to retake the White House in November. He vowed to make America to be the first country to attain the Bitcoin dream.
Trump pledged to ban the development of the Central Bank digital currency (CBDC) since it deprived Americans of financial privacy. Reportedly Trump’s pro-crypto spirit has encouraged renowned investors such as the Winklevoss brothers and Kraken co-founder Jesse Powell to support his reelection through crypto donations.
Elsewhere crypto firms have set aside $160 million to support the political candidate who will advocate for crypto assets. Based on the manifesto and policies shared during the presidential debates there is the likelihood of the Republican getting the multimillion-dollar crypto donation.
Trump’s pro-crypto move forced the Biden administration to ease policies on crypto assets. For years Biden administration led by the US Securities and Exchange Commission extended their enforcement action on the crypto industry.
Also, Massachusetts Senator Elizabeth Warren has been against the development of the crypto industry.
Will Kamala Harris Win US Presidential Campaigns?
A statement from Nansen executive Edward Wilson reveals that there is a high chance of crypto influencing the US election outcome. The executive noted that the US was fed up with Biden’s anti-crypto move that targeted to bring down good actors in the crypto sector.
The prediction market shows that the possibility of a pro-crypto candidate winning the election is 64% while Harris’ winning odds stood at 30%.
Harris was appointed as the Democrat presidential candidate on Sunday after President Biden stepped aside from reelection bid. The appointment of Harris as the presumed Democrat nominee attracted a tide of criticism.
A statement from the chief executive of Box Aaron Levie urged Harris camp to prioritize developing a tech policy framework by the end of this week to increase Democrats winning chances. In the proposed legal policy framework Levie advises Harris to outline a detailed 10-point plan for crypto firms and businesses.
The executive anticipates Harris to receive support from hundreds of tech and crypto enthusiasts if she focuses on developing a bill supporting the growth of the digital economy. Shortly after Harris was selected to run the presidential race the candidate received a $100 million donation within 48 hours.
Interestingly over 1.1 million supporters contributed to Harris donation with 62% of the total donation raised by first-time donors.
