Donald Trump

2024

Kamala Harris

<p>Vice President Kamala Harris reaches out to the crypto industry as part of the 2024 presidential campaign. This initiative aims to restore the Democratic Party’s image with a strategic sector, as her Republican rival Donald Trump has taken a considerable lead in this area.</p> 
<h2 id="h-the-harris-campaign-reconnects-with-crypto-to-restore-the-democratic-image">The Harris campaign reconnects with crypto to restore the Democratic image</h2> 
<p>The Harris campaign team has recently multiplied contacts with the main players in the crypto world. Exchanges have notably taken place with representatives from <a href="https://www.cointribune.com/en/crypto-is-coinbase-about-to-surpass-binance/" target="_blank" rel="noreferrer noopener">Coinbase</a>, Circle, and Ripple Labs, three heavyweights in the sector. The stated goal is to reopen the dialogue and ease the tensions born from the perceived hostile positions of the Biden administration.</p>
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<p>This <a href="https://cointelegraph.com/news/kamala-harris-reaches-out-to-crypto-firms-reset-relations?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound" target="_blank" rel="noreferrer noopener">move</a> is part of a broader context of repositioning the Democratic Party. Indeed, several Democratic lawmakers and candidates have called for a change in approach towards digital assets. They emphasize the need not to stay away from an expanding industry that brings innovation.</p> 
<p>Harris’ advisors insist that this openness is not primarily aimed at attracting campaign funding. Instead, it is about laying the foundations for a constructive relationship, with a view to developing a balanced <a href="https://www.cointribune.com/en/mica-regulation-80-of-crypto-companies-are-unaware-of-this-crucial-deadline/" target="_blank" rel="noreferrer noopener">regulatory framework</a> for the sector.</p> 
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<h2 id="h-a-major-electoral-issue">A major electoral issue</h2> 
<p>The growing importance of cryptos in the race for the White House is no longer in doubt. Donald Trump, once skeptical, has turned into a fervent defender of bitcoin and other cryptos. His speech at the Bitcoin 2024 conference was noteworthy, with bold promises such as the <a href="https://www.cointribune.com/en/crypto-donald-trump-decides-to-fire-gary-gensler/" target="_blank" rel="noreferrer noopener">firing</a> of SEC Chairman Gary Gensler.</p> 
<p>This spectacular conversion has already borne fruit for the Republican camp. The pro-crypto super PAC Fairshake has raised more than 200 million dollars from leading investors. The <a href="https://www.cointribune.com/en/donald-trump-wants-to-crush-china-in-the-crypto-field/" target="_blank" rel="noreferrer noopener">Trump</a> campaign itself has received about 3 million dollars in crypto donations since it announced that it accepts this type of contribution.</p> 
<p>Faced with this momentum, the Democrats cannot sit idly by. The Harris campaign seeks to counter the image of a party hostile to businesses, especially in the tech sector. By promoting a vision of “responsible capitalism,” it hopes to reassure the crypto industry about the party’s intentions.</p> 
<p>As the 2024 elections approach, the support of the <a href="https://www.cointribune.com/en/crypto-kamala-harris-more-open-than-ever-to-ai-and-bitcoin/" target="_blank" rel="noreferrer noopener">crypto community</a> could prove to be decisive. Kamala Harris’ initiatives highlight the strategic importance given to this sector by both major American parties.</p>

Crypto: Kamala Harris Launches Offensive Against Donald Trump

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Cointribune EN

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