Fortune: Harris May Share Her Stance on Bitcoin in the Coming Weeks

BlockBeats news, July 27, according to Fortune magazine, people familiar with the matter revealed that Kamala Harris' team actually seriously considered the invitation to Bitcoin's 2024 conference. This is news in itself. As a Democratic candidate, its leadership has always been hostile to cryptocurrencies, and she is "negotiating" to speak to 30,000 Bitcoin enthusiasts, which reflects how much policy may change under Harris' leadership.

Gary DeWaal, a former senior trial attorney at the U.S. Commodity Futures Trading Commission (CFTC), told Fortune magazine that he does not expect Harris to comment on cryptocurrencies before August 7, when she will announce her vice presidential candidate. "This is her priority now," he said.

First, when Biden became president, many of his economic advisers were former colleagues of Senator Elizabeth Warren (D-Mass.), who is a staunch cryptocurrency critic. Harris does not have this relationship. The crypto lobbyist said Harris’ tech advisers are considered pro-cryptocurrency and her husband, Douglas Emhoff, is a “crypto enthusiast.” He added: “I expect she will switch sides.”

In a possible positive sign, this week businessman and bitcoin enthusiast Mark Cuban told Decrypt that he had received multiple questions about cryptocurrency from Harris’ team.