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Financial Times: Kamala Harris Seeks to Reset Relations with Crypto Companies

Bits.media / 29.07.2024 / 19:08
Financial Times: Kamala Harris Seeks to Reset Relations with Crypto Companies
Sources of the Financial Times reported that members of the US Vice President's team contacted major representatives of the crypto industry and indicated their intention to establish a positive dialogue with participants in the digital finance market.

Kamala Harris, as the most likely candidate from the Democratic Party, intends to seize the initiative from the main rival in the fight for the presidency of the country, the candidate from the Republican Party Donald Trump, sources assure FT.

Against the background of tougher competition, Harris's trustees held talks on cooperation with the largest American cryptocurrency exchange Coinbase, the issuing company of stablecoins Circle and the operator of blockchain payments Ripple Labs.

FT sources say that the campaign to bring the interests of the authorities and representatives of the crypto market closer together is aimed at "debunking the myth" that Democrats are against technology companies, and should also emphasize the commitment of the party and Harris to creating a healthy responsible business environment.

An attempt to overload the relationship between the US crypto market and the current Joe Biden administration has caused a critical assessment from the co-founder of the Gemini crypto exchange, Cameron Winklevoss. The businessman said that the participants of the crypto industry have a high level of intelligence and empty promises of support for cryptocurrencies are not enough for them.

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Financial Times: Kamala Harris Seeks to Reset Relations with Crypto Companies
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