Kamala Harris Likely More Open to Crypto Than Joe Biden, Says Mark Cuban

"The feedback I'm getting, but certainly not confirmed by the VP, is that she will be far more open to business, <artificial intelligence>, crypto and government as a service," Cuban noted in an email to Politico, adding that she could demonstrate her leadership and openness to business by revising policies.

Reports indicate that Harris's team has been consulting with cryptocurrency executives to gather insights on crypto policies. With four weeks left before the Democratic National Convention, she is expected to present her agenda soon.

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Aaron Levie, CEO of cloud computing company Box, believes Harris could attract support from tech leaders seeking progress on issues Biden's administration neglected. He said:

If by the end of the week, she had a tech policy framework out there — a 10-point plan for pro-business, pro-tech, pro-entrepreneurship — and it was credible <...> I think she could very quickly rally a significant portion of the ecosystem.

Her campaign is reportedly discussing with the organizers of the Bitcoin Conference about her potentially speaking at the event in Nashville, Tennessee, this week. Former President and Republican candidate Donald Trump is also set to speak at the conference.

As reported by CBS News, Kamala Harris's presidential campaign has already received significant financial support, raising $81 million within 24 hours of President Biden withdrawing from the race. According to her team, this marks the largest amount raised in such a short time in presidential history.

Thus, Harris's stance on tech innovation and crypto could position her as a candidate more aligned with the interests of voters, potentially marking a shift from the current administration's policies.

In other news, the US House of Representatives has recently failed to overturn President Joe Biden's veto of a bill to revoke the Securities and Exchange Commission's (SEC) crypto accounting directive, SAB 121.