Harris Campaign Welcomes Former Binance Adviser Plouffe

Crypto News Regulation

Kamala Harris Campaign Welcomes Former Binance Adviser David Plouffe

Written by Aaron S.,

Editor-In-Chief

Last Updated: August 05, 2024

Key Takeaways

David Plouffe is joining Kamala Harris' 2024 presidential campaign as a senior adviser;
He has previously worked with Binance and Alchemy Pay;
The Harris campaign is currently engaging with crypto industry leaders to develop regulatory policies, though their stance on crypto is not yet clear.

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Kamala Harris Campaign Welcomes Former Binance Adviser David Plouffe

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David Plouffe is set to join Kamala Harris' 2024 United States presidential campaign as a senior adviser, as was disclosed by Politico on August 2.

Plouffe, who previously served as senior adviser for President Barack Obama, shifted to the crypto sector after leaving the White House in 2013. He was a member of Binance's Global Advisory Board in 2022 before it was disbanded and later became a global strategic adviser for Alchemy Pay.

However, it remains uncertain whether Plouffe will provide guidance on cryptocurrency and blockchain matters within Harris' campaign.

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The Democratic National Committee confirmed on August 2 that Vice President Harris had secured the necessary delegates to be the party's official candidate for the 2024 presidential race.

As of now, the Harris campaign has yet not clarified its stance on crypto. However, recent reports indicate that her advisers have been engaging with executives from major crypto firms, aiming to rebuild the Democratic Party's relationship with the sector and develop regulations that promote growth and stability within the industry.

Nonetheless, Plouffe's addition to Harris' team could influence the direction of her campaign strategy and public perception of her policies on crypto.

Meanwhile, her opponent, former President Donald Trump, who was previously critical of cryptocurrency, appears to have changed his stance recently. He even released a line of Bitcoin-themed sneakers called "Crypto President" on July 31, which sold out in just three hours.