Democratic presidential candidate Kamala Harris is reportedly bringing an ex-advisor from Binance onto her campaign team.

As outlined in a recent report by Politico, the Harris campaign has enlisted David Plouffe, a former political advisor to President Barack Obama who previously sat on Binance’s Global Advisory Board.

An unnamed source close to the situation informed Politico that “there will be several new roles/assignments” within the campaign, adding that “[Plouffe] is the most significant addition.” However, a campaign representative clarified that Plouffe’s involvement is for a specific function and that “he’s not overseeing the entire campaign.”

Harris, who secured the Democratic nomination last month after President Joe Biden unexpectedly exited the race, has recently engaged with crypto companies, including crypto exchange Coinbase, payment platform Ripple, and stablecoin issuer Circle, in an effort to mend her party’s ties with the cryptocurrency sector.

At that time, it was reported that Harris communicated to these leading crypto firms that Democrats are now “pro-business, responsible business.” However, the co-founders of the crypto exchange Gemini, Tyler and Cameron Winklevoss, expressed skepticism regarding Harris’s attempts to recalibrate her party’s stance on the industry. Cameron viewed her efforts as a mere facade, while Tyler remarked that Democrats had subjected the crypto sector to four years of distress.

In addition, last week, it was reported that anti-crypto Michigan Senator Gary Peters is being considered as a potential vice presidential candidate for the Harris campaign. Peters, a co-sponsor of a bill introduced by Senator Elizabeth Warren that would require the crypto industry to adhere to the same anti-money laundering regulations as traditional finance, holds an “F” rating from the digital asset advocacy group Stand With Crypto.

Don’t Miss a Beat – Subscribe to receive email alerts directly to your inbox.

Check Price Action

Follow us on X, Facebook, and Telegram

Surf The Daily Hodl Mix

Disclaimer: The views expressed at The Daily Hodl do not constitute investment advice. Investors should conduct their due diligence before engaging in high-risk investments in Bitcoin, cryptocurrency, or digital assets. Please be aware that your transfers and trades are conducted at your own risk, and any potential losses are your responsibility. The Daily Hodl does not endorse the buying or selling of any cryptocurrencies or digital assets, nor does it serve as an investment advisor. Note that The Daily Hodl participates in affiliate marketing.

Generate Image: Midjourney