Vice President and Democratic presidential candidate Kamala Harris is “in talks” to appear at this weekend’s Bitcoin Conference in Nashville, Tennessee, where both former president Donald Trump and candidate Robert F. Kennedy Jr. are already set to speak.
A post on X from Bitcoin Magazine says the presumptive Democratic nominee for the presidency is in talks with Bitcoin conference CEO David Bailey. “They’re making up their minds today,” the post reads.
If Harris attends the event, which expects more than 20,000 attendees, it will be the first time that both she and Trump are at the same place since the Vice President took over the nomination from President Joe Biden.
Trump has repeatedly signaled that he will be friendly to the crypto industry if he is reelected in November. The former president began accepting campaign donations in crypto currency earlier this year, and has pledged to be the country’s first “crypto president.” Some Bitcoin enthusiasts believe that Trump would create a U.S. strategic reserve of Bitcoin if he retakes office.
It was reported earlier on Tuesday that Harris had reached out to billionaire Mark Cuban with “multiple questions” on cryptocurrency as she readies to take on Trump. ”
“I’m getting multiple questions from her camp about crypto,” Cuban said. “So I take that as a good sign.”
Cuban recently asserted that a number of different Silicon Valley CEO’s are endorsing Trump in the presidential election because of his support of Bitcoin and the cryptocurrency industry.
Multiple cryptocurrency companies have prepared over $160 million that they plan to use to support candidates for public office who will support the industry. Experts believe that the money will likely go to support Republican candidates.
“Trump’s acceptance and embrace of crypto is in stark contrast with the overwhelmingly regressive approach to crypto taken by the Biden administration and the wider Democratic Party, which has constantly attacked the industry, in most cases unfairly,” Edward Wilson of Nansen, a blockchain company, explained. “It is likely that the issue of crypto will influence and may even swing the election. That’s because many US-based crypto supporters place crypto as a key issue for them and are fed up with the approach of going after good actors in the space.”
The news comes as the wider cryptocurrency market has enjoyed both increased political acceptance and drastic growth this year and has seen drastic surge in price not just for Bitcoin, which reached a new all-time high of just under $74,000 after the Security and Exchange Commission approved exchange-traded funds for Bitcoin, but for crypto tokens across the board, ranging from smart-contract tokens like Ethereum to so-called “memecoins” like “Dogwifhat.”
Just this week, exchange-traded funds for Ethereum hit the market, bringing more positive news for the industry.
