Following Joe Biden’s decision not to seek re-election, U.S. Vice President Kamala Harris has entered the presidential race. Although her position on cryptocurrency remains uncertain, her recent actions suggest a shift in her campaign strategy.
Harris recently appointed David Plouffe (a former Binance member and ex-Obama advisor) and Brian Nelson (former Under Secretary for Terrorism and Financial Intelligence at the U.S. Treasury) as senior strategic advisors.
Plouffe previously handled strategy as the Global Strategic Advisor at Alchemy Pay before joining Harris’s team last week. Meanwhile, according to a report by Axios last month, Nelson was involved in the Treasury’s actions against Binance, accusing the company of money laundering and sanction violations last November.
According to various sources on Twitter, particularly a comment by the Digital Chamber’s policy director in response to a tweet by Bitwise’s Matt Hougan, Nelson had worked with Kamala Harris years ago and holds a favorable view of the cryptocurrency industry. Unlike some others involved in the campaign, Nelson is concerned about illicit finance but does not see cryptocurrency as “poison.”
Harris’s appointment of former Binance employee David Plouffe and former Treasury official Brian Nelson as advisors highlights her latest move after she declined to speak at the Bitcoin Conference, a decision some interpreted as reluctance to engage with the cryptocurrency industry.
However, this appointment shows Harris’s willingness to collaborate with individuals in the crypto sector, even though questions about her stance remain. It does not, however, fully confirm whether Harris will support or be ready to engage with the cryptocurrency market in the same way as Donald Trump.
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