Regulation

Presidential Candidate Kamala Harris Adds Ex-Binance Adviser to Campaign Team: Report

Democratic presidential candidate Kamala Harris is reportedly adding an ex-Binance adviser to her campaign team.

According to a new report by Politico, the Harris campaign has hired David Plouffe an ex-political advisor to former President Barack Obama who once served on Binance’s Global Advisory Board.

An anonymous source familiar with the matter tells Politico “there will be several new roles/assignments” and that “[Plouffe] is the biggest one.”

However, a campaign official says Plouffe is coming on for a specific role and that “he’s not senior-advising the whole campaign.”

Harris, who became the Democratic nominee last month after President Joe Biden abruptly withdrew from the presidential race, recently reached out to crypto firms, including crypto exchange Coinbase, payments platform Ripple and stablecoin issuer Circle, as a means of repairing her party’s relationship with the crypto world.

At the time, it was reported that Harris’ message to the leading crypto firms was that Democrats are now “pro-business, responsible business.”

Crypto exchange Gemini co-founders Tyler and Cameron Winklevoss scrutinized Harris’s attempt to reset her party’s relationship with the industry. Cameron saw Harris’s move as a bluff, while Tyler said Democrats gave crypto four years of terror.

Last week, it was reported that anti-crypto Michigan Senator Gary Peters is in the mix to serve as the vice presidential nominee for the Harris campaign.

Peters, who co-sponsored a bill by Senator Elizabeth Warren that would make the crypto industry comply with the same money laundering rules that apply to traditional finance, has an “F” rating from the digital asset advocacy nonprofit Stand With Crypto.

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