U.S. presidential candidate Kamala Harris is reportedly expanding her campaign team by adding a former Binance advisor.
Politico has revealed that David Plouffe, a former political adviser to President Barack Obama and a previous member of Binance’s Global Advisory Board, is joining Harris’s campaign. An insider told Politico that Plouffe’s role is significant, but he will not be overseeing the entire campaign.
A campaign representative clarified that Plouffe’s involvement is specific to a certain role and he is not a senior advisor for the entire campaign.
Harris, who became the Democratic nominee after President Joe Biden exited the race last month, has been reaching out to major crypto companies, such as Coinbase, Ripple, and Circle, to mend relations with the crypto sector. She reportedly conveyed that Democrats are now “pro-business, responsible business” in their approach to the industry.
The Winklevoss twins, co-founders of the Gemini crypto exchange, have been critical of Harris’s efforts to improve the party’s stance on cryptocurrency. Cameron Winklevoss dismissed Harris’s outreach as insincere, while Tyler Winklevoss accused Democrats of mistreating the crypto sector over the past four years.
Additionally, anti-crypto Senator Gary Peters from Michigan is rumored to be a potential vice presidential pick for Harris. Peters, known for co-sponsoring legislation to impose strict money laundering regulations on the crypto industry, holds an “F” rating from the digital asset advocacy group Stand With Crypto.
In a move that underscores its ambition to bridge crypto and traditional finance, Ripple is expanding the role of its newly acquired prime brokerage platform, Hidden Road.
HashKey Capital has officially launched Asia’s first XRP Tracker Fund, providing professional investors with regulated exposure to XRP without the need for direct ownership.
After closing 2024 on a high note, the crypto market faced a sharp correction in early 2025. Enthusiasm that had been fueled by a favorable macro backdrop—including Donald Trump’s presidential win and dovish signals from the U.S. Federal Reserve—quickly gave way to uncertainty…
Donald Trump has reignited his attacks on Federal Reserve Chair Jerome Powell, criticizing him for holding off on interest rate cuts despite slowing inflation.