The upcoming presidential campaign just got a major shakeup as Gene Sperling, economic adviser to President Joe Biden and former Ripple Labs board member, announced his departure from the White House to join Vice President Kamala Harris’ campaign. President Biden confirmed Sperling’s move on August 5, with the election just three months away.
Sperling’s involvement with Ripple Labs dates back to 2015, although he is no longer on the board of directors. His decision to support Harris comes at a crucial time as she gears up to face off against the leading Republican nominee, Donald Trump.
In addition to Sperling, Harris has also brought on David Plouffe, who previously served on Binance’s Global Advisory board. The impact of these advisers on Harris’ stance towards cryptocurrency and blockchain technology remains to be seen.
Cryptocurrency has become a hot topic in the 2024 election, with growing interest among American voters. Trump and another candidate, Robert F. Kennedy Jr., have already engaged with the crypto community, outlining their plans for the industry at the Bitcoin conference in July.
As the race heats up, discussions around cryptocurrency are expected to play a significant role, with high-profile advisers and candidates shaping the debate. Stay tuned for more updates on how this emerging sector influences the presidential campaign.
