Kamala Harris’s presidential campaign reaches out to major crypto exchanges to reset relations with the tech sector, highlighting a more cooperative approach to crypto regulation.
Points
- Kamala Harris reaches out to Coinbase, Circle, and Ripple Labs.
- Aims to reset relations with the tech sector and promote good business practices.
- Potential impact on the 2024 presidential election.
- Bipartisan support and opposition within the tech industry.
Kamala Harris’s presidential campaign has initiated outreach to major crypto exchanges, including Coinbase, Circle, and Ripple Labs, in an effort to mend relations with the technology industry. This move seeks to convey that Democrats support businesses and advocate for good business practices, while adopting a more cooperative approach to crypto regulation.
Outreach Initiative
The outreach initiative aims to reset relations with the tech sector, which has expressed disapproval of the regulatory position taken by the Biden administration. Harris’s campaign emphasizes a more cooperative approach to regulating crypto, seeking to balance innovation with consumer protection. Brad Garlinghouse, the CEO of Ripple Labs, has advised Harris to separate herself from individuals who oppose cryptocurrencies and instead support innovative solutions.
Impact on the 2024 Presidential Election
Harris’s knowledge and experience with Silicon Valley present an opportunity to establish new regulations and foster a pro-business environment. This outreach comes at a crucial time, as the presidential race serves as a significant point of contention in Silicon Valley. Influential figures in the tech industry are divided, with some supporting Donald Trump’s pro-crypto stance and others endorsing Harris.
Conclusion
Kamala Harris’s outreach to crypto exchanges highlights a strategic effort to reset relations with the tech sector and promote good business practices. As the 2024 presidential election approaches, the impact of this initiative on voter sentiment in the tech industry remains to be seen.
解説
- Outreach to Crypto Exchanges: Kamala Harris’s campaign reaches out to major crypto exchanges to reset relations with the tech sector.
- Pro-Business Approach: Emphasizes a cooperative approach to crypto regulation, balancing innovation with consumer protection.
- Impact on Elections: The initiative could influence voter sentiment in the tech industry during the 2024 presidential election.
- Bipartisan Support: Divided support within the tech industry highlights the complexity of regulatory approaches to crypto.