Kamala Harris could boost tech innovation and cryptocurrency

Mark Cuban: Kamala Harris can promote innovation and cryptocurrency

Billionaire investor Mark Cuban suggested in an interview with Politico that US presidential candidate Kamala Harris may be significantly more supportive of innovation and cryptocurrencies than President Joe Biden. Cuban noted that Harris, a former senator and attorney general of California, could be an unlikely ally for the tech industry.

“While there has been no confirmation from the vice president, the feedback I'm receiving is that she will be much more open to business, artificial intelligence, cryptocurrency and government services,” Cuban told Politico in an email interview. He added that “changing the policy would change the message and let everyone know that she is in charge and is literally open for business.”

Harris' team has reportedly been reaching out to key figures in the cryptocurrency industry to solicit their input on developing cryptocurrency policy, and with just four weeks until the Democratic National Convention, the pressure is on for Harris to articulate a policy.

Harris' presidential campaign has already demonstrated considerable fundraising power: After President Biden decided to drop out of the race and endorse Harris as his candidate, the Harris campaign reportedly raised more than $100 million within 48 hours, according to Team Harris. These contributions came from 1.1 million supporters, 62% of whom were first-time donors.

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