David Plouffe, former adviser for Binance and Alchemy Pay, is reportedly joining Kamala Harris’ 2024 US presidential campaign. His role could influence the campaign’s stance on crypto and blockchain.
Points
- David Plouffe joins Kamala Harris’ presidential campaign.
- Plouffe has a background with Binance and Alchemy Pay.
- Harris’ campaign has yet to clarify its stance on crypto.
- Plouffe’s role could shape the campaign’s crypto policies.
- Harris has secured enough delegates to become the Democratic candidate.
David Plouffe, a former adviser for Binance and Alchemy Pay, is reportedly joining Kamala Harris’ 2024 US presidential campaign. Plouffe, who served as campaign manager and senior adviser for US President Barack Obama, ventured into the crypto space after leaving the White House in 2013. He joined Binance’s Global Advisory Board in 2022 and was a strategic adviser for Alchemy Pay in 2023.
Campaigning on Crypto?
Plouffe’s involvement in Harris’ campaign could significantly shape its stance on crypto and blockchain. As of August 2, the Democratic National Committee announced that Vice President Harris had secured enough delegates to become the party’s official candidate in 2024, though she would not accept the nomination until the following week.
Representatives from the Harris campaign are scheduled to meet with crypto industry leaders on August 5 for a roundtable discussion in Washington, DC. The campaign’s position on crypto remains unclear, but this meeting suggests a willingness to engage with the industry.
Political Strategy
Many Democrats have urged Harris to consider a running mate who could positively influence the party’s perception on crypto. Potential vice-presidential picks include Pennsylvania Governor Josh Shapiro, Arizona Senator Mark Kelly, and Transportation Secretary Pete Buttigieg. Harris is expected to announce her vice-presidential choice by August 6.
Other White House officials under President Joe Biden have also expressed support for Harris. Biden adviser Anita Dunn, who attended a roundtable with crypto industry representatives and lawmakers in July, will join a Democratic-focused political action committee.
Implications for the Crypto Community
The Harris campaign’s engagement with crypto leaders and the inclusion of advisers like Plouffe highlight a potential shift in the Democratic party’s approach to the crypto industry. This development is crucial for shaping future policies and regulations, impacting the crypto market and its participants.
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