The U.S. Presidential race is heating up after the information that Vice President Kamala Harris is the presumed Democratic nominee for the 2024 Presidential Election.
And whereas main enterprise and tech leaders are break up on their assist for Harris or the Republican nominee, former U.S. President Donald Trump, one billionaire says he is been contacted about cryptocurrency.
Associated: Mark Cuban Slams ‘Soulmate’ Elon Musk, Says Silicon Valley’s Help for Trump Is a ‘Bitcoin Play’
In an interview this week with crypto-focused publication Decrypt, “Shark Tank” star Mark Cuban mentioned that, after being contacted by Harris’s staff with questions, it was a “good signal” for the way forward for the enterprise if elected.
“I am getting a number of questions from her camp about crypto,” he informed the outlet. “The suggestions I am getting, however definitely not confirmed by the VP, is that she will probably be much more open to enterprise, [artificial intelligence], crypto and authorities as a service.”
Cuban, an avid Bitcoin proprietor and supporter, has accused Silicon Valley leaders supporting Trump of a “Bitcoin play.”
“What’s going to drive the value of BTC is decrease tax charges and tariffs, which if historical past is any information (and it isn’t all the time ), will probably be inflationary,” Cuban defined on X. “Mix that with international uncertainty as to the geopolitical function of the USA, and the affect on the US Greenback as a reserve foreign money, and you may’t align the celebs any higher for a BTC value acceleration.”
Harris has not formally taken a stance on crypto previously, however President Biden’s stance has been historically unfavorable.
In Could, Biden vetoed a invoice set to repeal the U.S. Securities and Trade Fee’s Workers Accounting Bulletin 121, which “directs monetary establishments holding crypto for purchasers to maintain the property on their very own steadiness sheets,” based on Coindesk.
Associated: Billionaires, CEOs Reply President Biden’s Choice
“By advantage of invoking the Congressional Evaluation Act, this Republican-led decision would inappropriately constrain the SEC’s capability to set forth applicable guardrails and handle future points,” Biden mentioned in an official White Home assertion on the time.
Cuban has not formally endorsed a presidential candidate however has shared a couple of Harris memes on social media.
