Mark Cuban Believes Kamala Harris Could Embrace Crypto Innovation

Published:

United States presidential candidate Kamala Harris could be significantly more receptive to technological innovation and cryptocurrencies than President Joe Biden, according to billionaire investor Mark Cuban. On July 23, Cuban shared his insights with Politico, suggesting that the tech industry may find an unexpected ally in the current vice president, who has a background as a senator and attorney general of California.

Harris’s Potential Pro-Tech Stance

Cuban indicated that Harris’s feedback, though unconfirmed, suggests she will be more open to business, artificial intelligence, crypto, and government as a service. He stated:

“Changing the policies changes the message and lets everyone know she is in charge and open, literally, for business.”

Outreach to the Crypto Industry

Harris’s campaign team is reportedly engaging with crypto executives to gather input on crypto policy ahead of the Democratic National Convention, as Cuban told Decrypt. With only four weeks left until the convention, Harris is working to present her agenda.

Also Read: Mark Cuban Warns SEC’s Regulatory Stance Could Impact Biden’s Re-Election

Garnering Support from Tech Executives

Aaron Levie, CEO of the cloud computing company Box, emphasized that Harris has the opportunity to gain support and donations from West Coast tech executives and venture capitalists. These groups are looking for action on issues such as immigration reform for high-skilled workers and clear regulations for artificial intelligence. Levie remarked:

“If by the end of the week, she had a tech policy framework out there — a 10-point plan for pro-business, pro-tech, pro-entrepreneurship — and it was credible, I think she could very quickly rally a significant portion of the ecosystem.”

Harris’s presidential campaign raised over $100 million in less than 48 hours after President Biden dropped out of the race and endorsed her as his nominee, according to Team Harris. The donations came from 1.1 million unique supporters, with 62% being first-time donors.

Ayushi Somani
Ayushi Somani
Ayushi Somani is an academically gifted individual who has a passion for blockchain technology. She is well-versed in the technology, having been an early adopter of cryptocurrency and investing in Bitcoin and several other digital currencies.

Related News

Recent