Gene Sperling, an economic adviser to President Joe Biden and former Ripple Labs board member, is leaving the White House to support Vice President Kamala Harris in her presidential campaign.
President Biden announced Sperling's departure on August 5.
With the election just three months away, Sperling is joining Harris' campaign as she prepares to compete against the leading Republican nominee, Donald Trump.
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Sperling's involvement with Ripple Labs began in 2015, though he is no longer listed on Ripple's board of directors. He started working with the Biden administration in 2021.
Another notable addition to Harris' campaign is David Plouffe, who previously served on Binance's Global Advisory board. The potential impact of these advisers on Harris' stance towards crypto and blockchain technology remains uncertain.
Cryptocurrency has emerged as an important topic in the 2024 election, with surveys showing increasing American voter interest in this sector. Trump and another presidential candidate, Robert F. Kennedy Jr., have already engaged with the crypto community, speaking at the Bitcoin conference in July and outlining their plans for crypto and blockchain technologies if they get elected.
The upcoming presidential race is poised to see discussions around cryptocurrency, with high-profile advisers and candidates shaping the debate.
