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CryptoXTimes > Article > News > Binance Adviser Joins Harris Campaign, Crypto Engagement Expected
NewsCrypto

Binance Adviser Joins Harris Campaign, Crypto Engagement Expected

Binance adviser Plouffe joins Harris campaign, signaling crypto focus.

Sana Bukhari
Last updated: August 2, 2024 9:56 pm
Sana Bukhari 10 months ago
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Binance Adviser Joins Harris Campaign, Crypto Engagement Expected

David Plouffe, a former adviser to Binance, is said to have joined Kamala Harris‘ campaign team. This is a big deal for the 2024 US presidential election. It is thought that the Democratic candidate, currently Vice President, is planning her campaign with the help of several experienced political aides, such as Plouffe.

I am honored to be the Democratic nominee for President of the United States. I will officially accept the nomination next week.

This campaign is about people coming together, fueled by love of country, to fight for the best of who we are.

Join us: https://t.co/abmve926Hz

— Kamala Harris (@KamalaHarris) August 2, 2024

Politico reported on August 2 that Harris’ campaign has hired several top advisers, which shows that she is trying to improve her bid for the presidency. People remember David Plouffe as the campaign manager for President Barack Obama in 2008 and later as a senior adviser in the White House.

He has worked in politics before and can help Harris’s team. Harris has worked in the cryptocurrency industry as a global strategy adviser for Alchemy Pay in 2023 and as an adviser for Binance Global Advisory Board in 2022. This makes it seem like Harris might change his mind about how to deal with cryptocurrencies and add them to his campaign plan.

Binance Ties Signal Potential Crypto Shift In Harris Campaign

The fact that Plouffe is working for Harris’s campaign makes people wonder what the candidate thinks about blockchain and Bitcoin. The campaign hasn’t said its official opinion yet, but Plouffe’s background could mean they want to get involved with the crypto industry, which is changing quickly.

Kamala Harris has secured the delegates to soon become the presidential nominee for the Democratic Party. pic.twitter.com/qcDvube5Bu

— The Democrats (@TheDemocrats) August 2, 2024

Even though it’s unclear what’s going on, the Harris campaign’s decision to hire Plouffe, who has ties to big crypto companies, could mean that they want to look into how these technologies affect policymaking.

Marijuana businesspeople will meet with Harris’s campaign team in Washington, D.C., on August 5. In the world of crypto, more is planned. At this meeting, people will talk about how cryptocurrencies, blockchain technology, and possible rule changes in the future all fit together.

Trump: Maybe we’ll pay off our $35 trillion debt by handing them a little crypto check, handing them a bitcoin pic.twitter.com/oBFiNtW7dX

— Kamala HQ (@KamalaHQ) August 2, 2024

Democratic leaders are getting together to plan how to run the growing company. A few Democrats want Harris to pick a running mate who knows much about crypto.

President Joe Biden chose not to run for re-election, and now Harris is setting herself up as the Democratic front-runner. Her team is working hard to strengthen its plan and make it more appealing to many voters. 

Many people in the White House agreed with Biden’s July 21 statement. One is senior adviser Anita Dunn, who just returned from talking with lawmakers and crypto business people.

Harris is supposed to say who she wants to be, her vice president, by August 6. Some of the people she might choose are Pennsylvania Governor Josh Shapiro, Arizona Senator Mark Kelly, and Transportation Secretary Pete Buttigieg. 

Depending on who is chosen as the running mate, people may have different ideas about how the Democratic Party handles technology and new ideas, especially regarding cryptocurrencies.

People like David Plouffe are running for office with Harris, which shows that the Democratic Party might be able to discuss cryptocurrency policy in new ways. Harris’s team is working with experts in the field and hiring seasoned advisors, which could become a big problem in the next election. We don’t know Harris’s official stance on cryptocurrency yet.

The Democratic National Committee made Harris the official candidate for the party. All eyes are now on the Vice President as she gets ready to accept the nod and talk about her plans for the future of the US.

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TAGGED: Binance, Cryptocurrencies, David Plouffe, Kamala Harris
By Sana Bukhari
Follow:
Sana Ali is a crypto guru who writes helpful articles that reveal complicated ideas in a way that many people can understand. She knows much about blockchain's basic ideas and how it works.
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