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 help 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 Assist for Trump Is a ‘Bitcoin Play’
In an interview this week with crypto-focused publication Decrypt, “Shark Tank” star Mark Cuban stated that, after being contacted by Harris’s group 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 actually not confirmed by the VP, is that she can be way 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 is going to drive the value of BTC is decrease tax charges and tariffs, which if historical past is any information (and it is not at all times ), can be inflationary,” Cuban defined on X. “Mix that with world uncertainty as to the geopolitical position of the USA, and the impression on the US Greenback as a reserve foreign money, and you’ll’t align the celebrities any higher for a BTC worth acceleration.”
Harris has not formally taken a stance on crypto prior to now, 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 stability sheets,” in response to Coindesk.
Associated: Billionaires, CEOs Reply President Biden’s Resolution
“By advantage of invoking the Congressional Evaluation Act, this Republican-led decision would inappropriately constrain the SEC’s means to set forth acceptable guardrails and tackle future points,” Biden stated 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.
