Mark Cuban has suggested that Kamala Harris might adopt a more business-friendly stance towards cryptocurrency and artificial intelligence compared to the current president.
According to a recent Politico report, Cuban believes that Harris, the current Vice President and a potential Democratic presidential candidate, would promote a more favorable policy environment for crypto and AI. He indicated that Harris might be more receptive to these sectors and supportive of policies that favor innovation and business.
Should Harris win her party’s nomination, she would face Republican nominee Donald Trump, who has shown support for digital assets. Meanwhile, President Joe Biden has ended his re-election campaign.
Cuban had previously stated that if Trump were re-elected, Bitcoin could experience significant growth. He suggested that a Trump administration could lead to changes at the U.S. Securities and Exchange Commission (SEC) that would benefit the crypto industry. Cuban also highlighted that inflation and global geopolitical uncertainties could further drive up Bitcoin’s value.
He explained that lower taxes and tariffs, combined with geopolitical instability and changes in the US dollar’s status as a reserve currency, could create favorable conditions for a rise in Bitcoin’s price.
Coinbase has taken a major step toward expanding its decentralized finance (DeFi) presence by bringing onboard the leadership team behind Opyn Markets, a prominent name in the DeFi derivatives space.
Grayscale Investments has called on the U.S. Securities and Exchange Commission (SEC) to allow the launch of its multi-crypto ETF—the Grayscale Digital Large Cap Fund—arguing that further delays violate statutory deadlines and harm investors.
Robinhood has officially introduced Ethereum (ETH) and Solana (SOL) staking services for its U.S. customers, offering a new way for users to earn rewards on their crypto holdings.
Binance CEO Richard Teng shared an optimistic outlook on the future of cryptocurrencies during an appearance on Mornings with Maria, highlighting growing global acceptance, regulatory progress, and strategic reserve integration.