Crypto-friendly Billionaire Mark Cuban Endorses Presidential Candidate Kamala Harris

IconCryptoNewsTerminal Staff01 Aug, 2024

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Crypto-friendly Billionaire Mark Cuban Endorses Presidential Candidate Kamala Harris

Mark Cuban, a crypto-friendly Canadian billionaire entrepreneur, has endorsed Kamala Harris for US Vice President. Cuban's endorsement comes after he previously expressed support for cryptocurrencies, including Bitcoin. He had stated that if Trump were to win the election, it would be a "bullish catalyst" for Bitcoin due to the inflation caused by tariffs and tax cuts, as well as global uncertainty about the geopolitical role of the US. Cuban is not the only tech entrepreneur to endorse Harris; he joins about 100 Silicon Valley venture capitalists who have also given her their support. Harris has been a vocal advocate for the technology industry and has pledged to invest in research and development. Cuban's endorsement is likely to be well-received by the crypto community, which has been looking for more mainstream support. If Harris is elected Vice President, she could play a key role in shaping the future of cryptocurrency regulation in the United States.

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