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Deputy Treasury Secretary, former Harris boss amongst attendees at Democrats' digital crypto summit

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High authorities officers together with Deputy Minister of Finance Wally Adeyem and Kamala Harris former chief of employees Kristine Lucius attended a digital crypto assembly hosted by Congressman Ro Khanna on August 8, Fox Information' Eleanor Terret reported.

White Home Counsel Anita Dunn, Nationwide Financial Adviser Lael Brainard and Deputy Chief of Workers Bruce Reed are anticipated to attend. Nevertheless, Terret revealed that Dunn was not current regardless of being beforehand concerned in the same assembly.

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The assembly was attended by billionaire investor Mark Cuban and Silicon Valley “tremendous angel” investor Ron Conway, together with different unnamed trade leaders.

Particulars of the assembly had not been launched at press time, and the reporting events haven’t but made any public statements on the matter.

The assembly is a part of a broad effort to make Harris' marketing campaign extra crypto-friendly. Democrats have launched a brand new advocacy group referred to as “Crypto for Harris” to counter former President Donald Trump's rising affect within the trade.

The group additionally plans to carry a digital city corridor assembly subsequent week and will probably be attended by massive names within the trade, together with Cuban and SkyBridge capital metropolis founder Anthony Scaramucci. A number of Democratic lawmakers are additionally anticipated to talk.

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Jonathan Padilla, CEO of Web3 advertising agency Snickerdoodle and one of many organizers of Crypto for Harris stated:

“The USA should proceed to be a frontrunner in blockchain and cryptocurrency. Teams like Crypto for Harris are working arduous to make sure the proper insurance policies and conversations are in place to make sure this end result.”

The objective of the occasion is to current Harris as a pro-crypto candidate, countering Trump's efforts to achieve help from the crypto neighborhood. Different efforts embody including former crypto advisors David Plouffe and Gene Sperling to her marketing campaign.

Trump has been making pro-crypto remarks since Could he opened for Bitcoin (BTC) donations to his marketing campaign. Since then, a candidate for the presidency of the USA he promised the top the present administration's campaign in opposition to cryptocurrencies doubled about these claims.

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Plus he he promised to fireplace SEC Chairman Gary Gensler on Day 1 and make the US a Bitcoin “superpower” if elected throughout this yr's Nashville Bitcoin Convention.

Regardless of Trump's likelihood of profitable the election reaching 72% on July 16 on Polymarket's polygon prediction market, it has been on the decline ever since. On the time of writing, each Harris and Trump are tied at 49%.

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