Biden's exit from the presidential race and Kamala Harris' entry has dramatically shifted the dynamics of the U.S. presidential race. Reports suggest that Harris is engaging with the crypto business community, which leans towards the Democratic side. Prominent figures like Mark Cuban and Anthony Scaramucci are among her supporters, and on Polymarket, a blockchain-based betting platform, Harris and Trump are now tied in voter predictions.
Sources from Fox Business indicate that those aligned with the Democratic side in the crypto space are keen to prevent Trump from monopolizing the crypto vote. A "Crypto for Harris" initiative is reportedly gaining momentum, with around 50 members including industry leaders, policy experts, and businesspeople. The group plans a virtual meeting next week, where key figures like Mark Cuban and Anthony Scaramucci are expected to speak.
Jonathan Padilla, CEO of Web3 marketing firm Snickerdoodle and one of the movement's organizers, emphasized the Democrats' intent to lead in the U.S. crypto space, stating, "The U.S. must remain a leader in blockchain and crypto. For Harris, groups like ours will work to ensure the right policies and conversations happen to achieve this goal."
Democratic Congressman Wiley Nickel also weighed in, saying, "We won't let this issue become a political football. That only sets the U.S. back. We aim to support innovation and growth."
In the polls, Harris has now pulled even with Trump at 49% on Polymarket, a notable shift from the previous wide lead held by Trump before Harris entered the race.
