1. Ripple co-founder endorses Kamala Harris for president:
Chris Larsen, co-founder and executive chairman of Ripple, has joined 87 business leaders in endorsing Kamala Harris for the 2024 US presidential election. The letter, signed by other big names like Box CEO Aaron Levie and Yelp’s Jeremy Stoppelman, highlights the growing interest in cryptocurrencies in politics. We all know which banks are very interested in Ripple and this does not help decentralization, so it is a negative update.
2. Telegram's Pavel Durov speaks out after being arrested:
Pavel Durov, the founder of Telegram, has issued his first public statement since being arrested in France on August 24. The tech billionaire, surprised by the arrest, stressed that French authorities could easily contact him through his legal representative or the French Consulate in Dubai. Durov reiterated his commitment to freedom of expression, hinting that Telegram could leave jurisdictions that conflict with its values.
3. Kamala Harris Campaign Accepts Crypto Donations Through Super PAC:
Kamala Harris’ presidential campaign has opened the door to cryptocurrency donations, confirmed through the Future Forward Super PAC. While initially misunderstood, Coinbase CFO Alesia Haas has clarified that the PAC, not Harris’s campaign itself, uses Coinbase Commerce to accept donations. Future Forward has raised over $163 million, having previously spent $150 million supporting Biden in 2020. Crypto-focused PACs are growing in influence, with Coinbase also being a top donor to Fairshake PAC.
From Ripple’s political plays to Telegram’s legal drama, today’s crypto news shows how deeply blockchain and digital assets are embedding themselves in global POLITICS.
Maybe that's one of the reasons why Bitcoin dropped so much? Politics and the values of "freedom" and "decentralization" really don't mix well.
What do you think?
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