Mark Cuban praises Kamala Harris for engaging with the crypto crowd

Billionaire investor Mark Cuban voiced his support for Kamala Harris’ approach to the cryptocurrency industry in a recent interview, applauding her for accepting digital assets during the 2024 campaign.

Cuban, a longtime crypto advocate, noted in the Notus interview that Harris has been actively communicating with industry leaders to distance themselves from the Biden administration’s regulatory stance.

Cuban said Harris was “seeking meetings” with the crypto industry and listening to their concerns. According to Cuban, this approach is completely at odds with what the crypto community has experienced in recent years.

Harris’ recent statements about promoting technologies such as artificial intelligence and digital assets have struck a chord, especially among crypto supporters who feel overlooked by the current administration. While Donald Trump has received significant support from the crypto industry, Cuban believes Harris’ willingness to join the initiative could win over skeptics.

“If you want to bring a country together, you can’t take extreme positions,” Cuban said in an interview with Farokh radio on October 3, referring to Trump’s strong reactions to the divided politics of the United States.

Cuban’s comments come as the crypto community continues to push for less regulatory intervention. For them, Harris’ participation represents an opportunity for a new direction in US crypto policy should she secure the presidency.

Cryptocurrency’s marriage to politics this election season

This election season, both parties have appealed to the crypto crowd, aiming to appeal to the crypto community and its financial contributions. The support among crypto holders shows that the influence of digital assets in American politics is increasing.

During the most recent campaign, Trump did not shy away from expressing pro-crypto sentiment. Trump’s stance on crypto contrasts sharply with his previous criticisms, in which he called cryptocurrencies a “scam” in a 2021 interview.

But during this election cycle, Trump said he would embrace crypto during his next presidency. “Cryptocurrency is moving out of the USA due to hostility towards it. I don’t want this. “If we’re going to embrace this, we’re going to have to let them be here,” he said at a rally.

On August 29, Trump announced plans to make the United States the “crypto capital of the planet” if he is re-elected, signaling a startup run by his sons called World Liberty Financial.

On the other side of the aisle, Democrats, led by Harris’ campaign team, launched the Crypto4Harris initiative in early August to engage the crypto community and counter Republican efforts to attract crypto voters. The campaign aims to develop a pro-crypto policy framework to repair Harris’ relationship with the crypto industry.