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US Crypto Whales Organized Fundraiser for Kamala Harris Presidential Bid

Groups of well-heeled crypto insiders are looking to bring Harris to the White House and hoping to soften her stance on crypto.

A group of crypto proponents in the US recently organized a fundraiser to support Kamala Harris presidential bid, aiming to raise $100,000.

The significant event will take place in Washington, D.C., on September 13, 2024. Attendees will include prominent figures from the crypto space, such as executives and influential investors. Their participation shows the importance of political engagement for the future of the industry.

Why Kamala Harris?

The fundraiser aims to support Harris’ campaign and also to foster a constructive dialogue about cryptocurrency regulations. Many crypto executives are expressing optimism regarding the evolving relationship between the government and the crypto sector.

They believe that engaging with political figures can lead to more favorable regulatory environments. This sentiment reflects a broader trend where the cryptocurrency industry seeks to establish its presence in political discussions.

Moreover, the event will serve as a vital networking opportunity for industry leaders. Participants will exchange insights and strategies to navigate the complex regulatory landscape. The collaboration is essential as the crypto sector faces increasing scrutiny from lawmakers. By sharing experiences and ideas, attendees aim to influence future initiatives and policies that could benefit the industry as a whole.

The success of the fundraising will signify a pivotal moment for the crypto industry. It illustrates the growing recognition of cryptocurrency’s influence within political spheres. As political campaigns increasingly rely on contributions from tech sectors, the crypto industry will play a significant role.

In addition, the success of the event is important for political contributions in shaping policy. Industry leaders understand that aligning with influential politicians is crucial for their interests. By supporting candidates like Harris, they aim to ensure their voices are heard in legislative discussions. This alignment could lead to more favorable regulations, which are essential for the industry’s growth and sustainability.

In other news, RFK Jr., who recently revealed he held some of his assets in Bitcoin, pulled out from the presidential race and backed Donald Trump.

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