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Chuck Schumer to Attend Virtual Crypto4Harris Town Hall

Aug 14, 2024
  1. Schumer on Digital Assets
  2. Harris Campaigning on Crypto?
  3. Conclusion

Chuck Schumer, the Majority Leader of the United States Senate and a high-ranking member of the Democratic Party, will reportedly be attending a virtual town hall with crypto advocates in support of Kamala Harris’s presidential campaign.

Schumer on Digital Assets

According to an Aug. 14 Politico report, Senator Schumer will speak at the ‘Crypto4Harris’ virtual event with other US lawmakers and entrepreneurs, including Dallas Mavericks minority owner Mark Cuban. Since the self-described grassroots group launched on Aug. 6, it has added speakers to the event, including New York Senator Kirsten Gillibrand, North Carolina Representative Wiley Nickel, and California Representative Adam Schiff. Professionals with expertise in crypto, including Crypto Council for Innovation CEO Sheila Warren and SkyBridge Capital founder Anthony Scaramucci, will also attend.

Harris Campaigning on Crypto?

Neither Harris nor her campaign has directly commented on digital assets since she announced her candidacy in July. Reports suggested the Vice President has hired campaign staff with seemingly favorable views of the crypto industry, but also individuals who may advise maintaining the Biden administration’s position on digital assets. Harris herself posted a video of Republican nominee Donald Trump speaking about using Bitcoin to fix the US debt.

Conclusion

The Crypto4Harris event did not appear connected to Harris’s official campaign. As of Aug. 14, market prediction platform Polymarket showed Harris ahead of Republican nominee Donald Trump in many key battleground states, with an eight-point advantage nationwide.

Chuck Schumer plans to speak at the Crypto4Harris virtual town hall, supporting the crypto community and Kamala Harris’s campaign. This highlights his positive stance on cryptocurrencies and his desire to foster technological innovation in politics.

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