The US Democratic Party has launched a new initiative called ‘Crypto for Kamala’ in an effort to boost Kamala Harris’ chances against Donald Trump in the upcoming presidential race. The campaign has already garnered support from prominent figures such as Mark Cuban and the founder of SkyBridge Capital.
The goal of ‘Crypto for Kamala’ is to appeal to the 40 million American voters who own digital assets and to showcase the Democratic Party’s commitment to blockchain and cryptocurrency. The campaign has already attracted about 50 members, including industry participants and policy experts.
To further promote the campaign, top Democratic Senate leaders will be speaking at a virtual town hall meeting next week. The meeting is open to everyone and will focus on supporting Kamala’s campaign and fundraising efforts.
Jonathan Padilla, one of the campaign organizers, emphasized the importance of the United States maintaining its leadership in blockchain and crypto. He stated, “Groups like ‘Crypto for Kamala’ are working hard to ensure the right policies and conversations take place to ensure that outcome.”
The battle for crypto voters is heating up as Trump and GOP lawmakers make efforts to win over this demographic. Trump has promised to roll back strict Biden-era regulations on crypto and has made significant moves to appeal to the crypto community.
On the other hand, Kamala has added former crypto advisors to her campaign team, signaling her commitment to the industry. However, not all members of the crypto industry are thrilled with Kamala, with some blaming her for heavy-handed regulations under the Biden administration.
It remains to be seen how the crypto industry will respond to Kamala’s campaign and whether it will have a significant impact on the upcoming presidential race.