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.
BlackRock is ramping up its engagement with U.S. regulators, meeting with the SEC’s Crypto Task Force on May 9 to present its growing suite of digital asset products and to push forward conversations around the evolving regulatory landscape.
Defiance ETFs has proposed four innovative exchange-traded funds (ETFs) that focus on leveraged strategies targeting the price movements of Bitcoin, Ethereum, and gold.
Rootstock, a platform bridging smart contracts with Bitcoin, saw a significant increase in mining activity and network security during early 2025, despite a slowdown in overall usage.
Stripe, the global payments leader, has taken a major step into the world of stablecoins with the introduction of its new feature, Stablecoin Financial Accounts.