Mark Cuban suggests that US Vice President Kamala Harris could be more supportive of the tech and crypto industries than her predecessor.
Points
- Harris’ team has reached out to crypto executives for input on crypto policy.
- Harris could garner support from tech executives and venture capitalists with a pro-business approach.
- Her campaign raised over $100 million within 48 hours of President Biden’s endorsement.
According to billionaire Mark Cuban, the tech industry could have an unexpected ally in US Vice President Kamala Harris, who previously served as a senator and attorney general of California. Cuban shared his optimism about Harris’ potential support for the crypto industry during a conversation with Decrypt.
“Changing the policies changes the message and lets everyone know she is in charge and open, literally, for business.”
Harris’ team has reportedly been reaching out to crypto executives to seek input on crypto policy, indicating a potential shift in approach from the current administration. Cuban noted that this outreach is a positive sign, suggesting that Harris could be more open to business, artificial intelligence, and crypto than her predecessor.
Another tech CEO, Aaron Levie of Box, highlighted Harris’ chance to garner support and donations from West Coast tech executives and venture capitalists. These groups hope to see action on issues left behind by Biden’s administration, such as immigration reform for high-skilled workers and clear regulations for artificial intelligence.
“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,” Levie told Politico.
Harris’ presidential campaign raised more than $100 million in less than 48 hours after President Biden dropped out of the race and endorsed her as his nominee. The donations came from 1.1 million unique supporters, including 62% first-time donors.
解説
- Policy Shift: Harris’ proactive approach in reaching out to crypto executives signals a potential shift towards more supportive and business-friendly policies.
- Tech Industry Support: Gaining the backing of tech executives and venture capitalists could bolster Harris’ campaign and influence future tech and crypto regulations.
- Fundraising Success: The rapid fundraising success following Biden’s endorsement highlights strong support for Harris, potentially strengthening her position on tech and crypto issues.