Other notable signatories include Box co-founder and CEO Aaron Levie, Yelp CEO Jeremy Stoppelman, Snap chairman Michael Lynton and former 21st Century Fox CEO James Murdoch.

The endorsement follows the recent move by former Ripple board member Gene Sperling, who left his White House post in early August to join Harris’ campaign. Sperling, who served as an economic advisor to Presidents Bill Clinton, Barack Obama and Joe Biden, has been part of Ripple since 2015.

You may also be interested in: Sakana AI Announces Partnership with Nvidia!

According to Politico, David Plouffe, a former adviser to Binance and crypto payment provider Alchemy Pay, has also joined Harris’ campaign team. These developments signal a growing alignment between the crypto industry and Harris’ presidential bid.

Industry Support Grows for Presidential Candidates

Larsen’s support for Harris is one of a series of endorsements from prominent crypto figures. In June, Cathie Wood, CEO of ARK Invest, known for her bullish stance on Bitcoin, publicly endorsed Donald Trump, stating that she would support the candidate who would best serve the U.S. economy. Cameron and Tyler Winklevoss, co-founders of crypto trading platform Gemini, also pledged $1 million in Bitcoin to Trump’s reelection campaign.

As the 2024 race progresses, the intersection of cryptocurrency and politics is becoming a key element in the campaign strategies of U.S. presidential candidates.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Surprising Kamala Harris Statement from Ripple Co-Founder appeared first on Coin Engineer.

The organizers, including the Blockchain Foundation, hope to make a statement about the role of crypto in the Democratic Party’s agenda and potentially influence Harris to support the crypto sector, particularly by providing greater access to capital for people of color.

Might interest you: Sold Off with a $5.5 Million Loss

This initiative reflects some support within the crypto industry for Harris, despite her relatively quiet stance on the issue compared to Donald Trump. The event is also intended to foster discussions about how a potential Harris administration could back the sector.

Under the current Biden administration, the U.S. Securities and Exchange Commission (SEC) has taken enforcement actions against several major crypto firms, citing violations of securities laws. This fundraiser follows a virtual town hall in August by another group, Crypto4Harris, which also supports Harris’ campaign.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post A Group Is Raising Crypto Issues to Help Kamala Harris Win the Election appeared first on Coin Engineer.

Fox Business reporter Eleanor Terrett stated that the Republican Party’s program included topics such as cryptocurrencies, artificial intelligence and space travel. This absence was interpreted by the cryptocurrency community and pro-innovation circles as the Democratic Party not giving enough importance to technology.

Might interest you: Bitcoin Short Positions Rising

The Democratic Party’s platform appears to have been prepared and approved before President Joe Biden withdrew from the race. The platform was finalized by the Platform Committee on July 16, a few days before Biden withdrew from the race on July 21. This document is expected to be officially voted on by Congressional delegates on Monday night.

After Biden’s withdrawal, there was a movement among entrepreneurs and lawmakers to strengthen ties between the cryptocurrency industry and the possible Democratic candidate Kamala Harris. Last week, a local network called Crypto4Harris, organized in support of Harris, held a meeting to discuss the Democratic Party’s vision for digital asset innovation and regulation.

These developments have raised the crypto community’s expectations for the Democratic Party’s technology and innovation policies, and how Kamala Harris will approach these issues has become a matter of curiosity.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Kamala Harris’s Election Campaign Does Not Include Cryptocurrencies appeared first on Coin Engineer.

Key Highlights from Kamala Harris Supporters’ Crypto Meeting

The Effort for Clear Crypto Regulations:

Senate Majority Leader Chuck Schumer has emphasized the urgent need for clear crypto regulations in the US. He warned that failure to do so could result in less stringent crypto industry regulations or none at all, leaving the seas adrift. Schumer emphasized the need to strengthen connections between innovation and mathematical framings, and drew parallels with efforts to regulate AI in the US.

Criticism of Anti-Crypto Attitudes:

Schumer made a direct reference to Senator Elizabeth Warren, an outspoken critic of the crypto industry. He criticized members of Congress who focused on sensationalism rather than working on meaningful relationships based on data. Schumer expressed optimism about the realism of crypto legislation later in the year, despite the current political divisions.

Interesting: Major Exodus of US Spot Bitcoin ETFs!

Regulatory Action for Crypto: The meeting outlined how the US would actively participate in crypto regulation to prevent the industry from having weaker environments. Schumer stated that AI regulations could serve as a model for crypto, allowing the US to use its full potential while ensuring robust security measures.

Three Key Actions Called by Lawmakers:

1- Repeal and Restatement of SAB 121 Accounting Guidelines:

Florida Congressman Darren Soto and colleagues are joining Kamala Harris in addressing SAB 121 accountants vetoed by the Biden administration in July. Lawmakers argued that these leaders are outdated and should be permanently reworked to better align with the current state of the crypto industry.

Might interest you: Institutional Investors Show Resilience in Bitcoin ETFs

2. Passage of FIT21 Crypto Bill:

Soto also contributed to the growth of the FIT21 crypto bill by emphasizing the scope of the transition with Congress to provide clarity on crypto regulations. This bill is seen as a significant step towards a comprehensive framework for the sector.

3. Recognizing the Benefits of Crypto:

The importance of crypto, especially money transfers, was emphasized. Lawmakers are calling on Harris to recognize the potential benefits of crypto in facilitating cross-border transactions and financial expansion, especially for underbanked populations.

Kamala Harris Campaign Meeting Results

The meeting created an environment for Kamala Harris to present herself as a forward-thinking candidate who understands crypto regulation. Harris has the opportunity to engage with industry leadership and lawmakers to craft policy that fosters innovation while ensuring sanitary protection and market stability. The focus on crypto regulations also dovetails with broader discussions on technology governance, making it a critical issue for the campaign.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post ‘Crypto for Harris’ Meeting Held: Here Are the Highlights appeared first on Coin Engineer.