New reports confirm that the campaign team of Vice President Kamala Harris is currently in talks with some of the biggest names in the crypto sector. Coinbase, Ripple, and Circle are some of the top crypto firms that the team has reportedly approached as part of their efforts to mend the sore relationship between Harris’ political party — Democratic Party, and the crypto industry.
For what it’s worth, Harris’ main opponent in the person of former President Donald Trump appears to have won the heart of many crypto enthusiasts. So much so that Trump’s camp has received a sizable amount of donations and support from the crypto industry in the ongoing presidential election race.
Kamala Harris Not Interested in Crypto Donation
Since the forthcoming elections have started showing signs of having a crypto undertone, however, Kamala Harris’ advisors have been contacting the likes of Coinbase, going by a recent Financial Times report.
It is not exactly clear to what extent this outreach will have implications. That is, with regards to Democrats changing policies or softening their widely-criticized stance toward the crypto industry. However, in the short-term, the move appears to be aimed at scoring some cheap political points and scooping up some of the strong support that the crypto community has shown Trump this far. At least, many members of the crypto community have been going with this line of thought.
Nonetheless, Harris’ campaign team has come out with a defence. According to her campaign, the motive for reaching out has little to do with attracting new donations. Rather, it is more about making a statement that the Democrats are “pro-business, responsible business.” That is, according to a source very close to her campaign.
Despite the attempt to clear the air on the reasons for their newly-found interest in crypto, there is still a little bit of scepticism in certain quarters within the community. That is because Ripple and Coinbase, the same firms that Harris’ team are currently talking to, have already donated huge sums of money in pro-crypto PACs.
