Deputy Treasury Secretary, former Harris chief of workers amongst attendees at Democrats’ digital crypto summit

High authorities officers, together with Deputy Treasury Secretary Wally Adeyemo and Kamala Harris’ former chief of workers Kristine Lucius, attended the digital crypto assembly hosted by Congressman Ro Khanna on Aug. 8, Fox Information’ Eleanor Terret reported.

White Home advisor Anita Dunn, Nationwide Financial Adviser Lael Brainard, and Deputy Chief of Employees Bruce Reed had been anticipated to attend. Nevertheless, Terret revealed that Dunn was absent regardless of being concerned in an identical assembly beforehand.

Billionaire investor Mark Cuban and Silicon Valley “tremendous angel” investor Ron Conway, together with different unnamed business leaders, attended the assembly.

Particulars of the assembly haven’t been disclosed as of press time, and the reported individuals have but to make any public statements on the matter.

The assembly is a part of a broad effort to make Harris’ marketing campaign extra crypto-friendly. Democrats have launched a brand new advocacy group known as “Crypto for Harris” to counter former President Donald Trump’s rising affect inside the business.

The group additionally plans to host a digital city corridor assembly subsequent week and will probably be attended by notable names within the business, together with Cuban and SkyBridge Capital founder Anthony Scaramucci. A number of Democrat lawmakers are additionally anticipated to make an look.

Jonathan Padilla, CEO of Web3 advertising and marketing agency Snickerdoodle and one of many organizers of Crypto for Harris mentioned:

“The USA should proceed to be a pacesetter in blockchain and crypto. Teams like Crypto for Harris are working laborious to make sure the correct insurance policies and conversations happen to make sure that consequence.”

The occasion goals to current Harris as a pro-crypto candidate, countering  Trump’s efforts to seize the crypto neighborhood’s assist. Different efforts embrace including former crypto advisers David Plouffe and Gene Sperling to her marketing campaign.

Trump has been making pro-crypto remarks since Might after he opened up for Bitcoin (BTC) donations to his marketing campaign. Since then, the US presidential candidate vowed to finish the present administration’s campaign in opposition to crypto and doubled down on these claims.

Moreover, he promised to fireplace SEC Chairman Gary Gensler on Day 1 and to make the US a “superpower” of Bitcoin if elected throughout this yr’s Bitcoin Convention in Nashville. 

Regardless of Trump’s odds of successful the election reaching 72% on the Polygon-based prediction market Polymarket on July 16, it has been on a decline since then. On the time of writing, each Harris’ and Trump’s odds are tied at 49%.

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