Mark Cuban, the renowned billionaire investor, suggests that US Vice Presidential candidate Kamala Harris may be significantly more receptive to cryptocurrencies and tech innovation than the current President, Joe Biden. According to Cuban, Harris, who was a former attorney general and senator of California, could be an unlikely ally for the tech industry.
Cuban’s speculation is based on unconfirmed feedback suggesting that Vice President Harris is possibly more open to business, cryptocurrencies, artificial intelligence, and viewing government as a service provider. Harris and her campaign team are said to be reaching out to executives in the crypto space to gather insights on crypto policy, offering olive branches to the tech world ahead of the Democratic National Convention.
Considerable support and financial backing from tech executives and venture capitalists on the West Coast could play a significant role in Harris’s presidential ambitions. These stakeholders hope to see progress on issues such as immigration reform for highly qualified workers and regulations for artificial intelligence, which they feel were neglected during Biden’s administration.
Aaron Levie, the CEO of cloud computing company Box, suggests that should Harris present a robust framework for policy beneficial to tech, business, and entrepreneurship, she would rally support swiftly from the tech ecosystem. He believes Harris could garner the backing of numerous tech CEOs through a pro-tech policy stance.
In less than two days after President Biden exited the presidential race and endorsed her, Harris’s campaign raised over $100 million. The funds were donated by 1.1 million unique supporters, with 62% being first-time donors according to Team Harris.