‘Crypto Advocates for Harris’ Movement Claims Support from Mark Cuban

A group of “industry leaders, policy experts, and everyday crypto enthusiasts” are endorsing Kamala Harris and encouraging the Democratic candidate to develop a simple policy platform for digital assets.

In an August 6 post on X, the organization Crypto Advocates for Harris announced plans to host a virtual town hall with U.S. lawmakers, policymakers, and industry leaders, including entrepreneur and Dallas Mavericks minority shareholder Mark Cuban. Cointelegraph reached out to Cuban for comment but did not receive a response by the time of publication.

Cuban was a Democratic donor in the 2024 election season and a critic of the Republican Party under Donald Trump. He had reportedly planned to vote for Joe Biden before the US president announced on July 21 that he would not run for reelection.

After Biden dropped out of the race for the 2024 presidential nomination, Cuban told Politico that Harris “could be much more open to corporations,[AI]cryptocurrencies, government services” than the U.S. president. Before Biden dropped out, Cuban criticized U.S. Securities and Exchange Commission Chairman Gary Gensler’s enforcement actions against cryptocurrency companies, saying they could cost him the election.

Related: Industry Reaction to Kamala Harris’ Vice Presidential Nomination Despite No Clear Crypto Platform

Harris, who announced on August 6 that her running mate would be Minnesota Gov. Tim Walz, has not made a public statement on cryptocurrencies or suggested a platform for them if she chooses to embrace digital assets. Her campaign reportedly questioned Cuban about cryptocurrency policy in July.

The advocacy group urged Harris to adopt “a nuanced policy stance that positions the United States as a leader in digital assets.” The full attendee list for the virtual town hall was not available to Cointelegraph, but as of August 6, it included Mason Lynaugh, Coinbase’s Stand With Crypto community director, and Sam Shev, Ava Protocol’s head of marketing.

magazine: Crypto voters are already disrupting the 2024 election and are expected to continue.