The crypto industry has come together in a fundraiser to raise $100,000 for Vice Presidential candidate Kamala Harris. The fundraiser, spearheaded by key figures in the crypto world, aims to show the potential influence of the industry in American politics. It’s also a strategic move to raise awareness of the cryptocurrency world among policy makers and to foster a more favorable regulatory environment for the industry.
The event, dubbed ‘Crypto for Kamala’, has attracted a number of prominent figures from the crypto industry. Organizers claim this is the first time the crypto community is mobilizing to support a vice-presidential candidate in the U.S, marking a significant shift in the industry’s engagement with politics. The funds raised will be donated to the Biden Victory Fund, a joint fundraising committee for Joe Biden’s presidential campaign, the Democratic National Committee, and state parties.
The move is seen as a step towards bridging the gap between the crypto world and mainstream politics. By supporting a high-profile candidate like Kamala Harris, the cryptocurrency industry hopes to gain greater recognition and understanding among policy makers. It’s not just about fundraising, but also about building relationships and fostering dialogue with key political figures who can influence future regulatory decisions affecting the industry.
