There are important developments in the cryptocurrency world today. This time, the action was marked by the step of Vice President Kamala Harris. Harris is following a new strategy to strengthen his relationships in the cryptocurrency industry.
Kamala Harris's effort to restructure its relations with the cryptocurrency industry stands out as part of the Democratic Party's strategy to strengthen its ties with the business world. This step carries important signals for both the crypto industry and the Democrats in terms of future collaborations.
Harris aims to strengthen his presence in this sector by increasing his contacts with important names of the cryptocurrency world. Negotiations with large companies such as Coinbase, Circle and Ripple Labs aim to strengthen the Democratic Party's relations with the crypto industry and create a more solid ground. This move aims to balance the negative effects of the Biden administration on the sector and create a regulatory framework compatible with technology.
This initiative by Harris is considered as an effort to realign tensions under the Biden administration. The constructive dialogue established with the industry aims to create a regulatory environment that supports the growth of the cryptocurrency world. However, no official statement has been made to the public about these efforts, and the silence of companies such as Ripple and Coinbase is remarkable.
These developments come in parallel with the support former President Donald Trump received from the crypto community. Trump appears to have put his previous skepticism about cryptocurrencies behind him, and his upcoming speech at the Bitcoin conference shows that he is taking up the industry's defense. Major players in the industry, who have raised large funds through pro-crypto political action committees (PACs), are among Trump's supporters.
Harris's campaign advisors emphasize that this strategy is not just about making election contributions. The main goal is to reshape Democrats' attitude towards business and encourage responsible growth of the crypto industry. This strategy aims to improve relations with the tech community, taking into account criticism of the Biden administration's policies, especially on issues such as antitrust regulations.
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