As part of the campaign strategy she has for her upcoming elections, US Vice-President Kamala Harris reportedly wants to reset relations between major US crypto companies.
The move could signal a shift in Democratic Party policy towards the crypto-industry, which was subjected to significant regulation under Biden’s administration.
Harris wants to repair ties with leading crypto firms
A report by the Financial Times states that Harris’s team reached out to major cryptocurrency companies including Coinbase Circle and RippleLabs to arrange meetings.
The Democratic Party has faced criticism for the aggressive approach it takes to regulate the industry. This is an effort that can be seen as a pivotal strategic move.
Harris’ campaign wants to distinguish her from Biden by “building a constructive relation” with cryptocurrency firms.
The repositioning of her campaign could prove crucial, especially with the growing interest in tech donors.
Harris is hoping to gain the support of the growing number crypto enthusiasts in the Democratic Party by presenting herself as more crypto friendly.
Investors may find Bitcoin (BTC), other cryptocurrencies, including Blackjack (JACK), a more secure option in 2024 due to the global uncertainty caused by geopolitical tensions.
The investment potential of Blackjack
Blackjack combines gambling and cryptocurrency to expose you to both rapidly expanding markets.
The online gambling industry is predicted to generate close to $98 Billion in revenue by the end of this year, and will continue to grow at an annual compound rate of 6.46 % through 2029. The meme coin market that emerged from the pandemic had reached a value of $20 billion at the end of this health crisis.
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On July 31, Blackjack (JACK) will be released on the market
The launch of Blackjack ($JACK), a new meme coin, is scheduled for July 31, 2024. This will be a great investment in the second half. Early investment in a meme coin such as $JACK can yield significant future returns.
The Native Blackjack coin is likely to be offered at an affordable price in its forthcoming presale. This will make it available to investors of all types.
The team behind Blackjack will list its native meme tokens on notable cryptocurrency exchanges after the presale. This is expected to boost the price. The $JACK could benefit from broader crypto market tailwinds including the expectation that US Federal Reserve rates will be cut in September.
Investors tend to invest more in risky assets, such as cryptocurrencies and the Blackjack native coin, when the central bank’s monetary policy becomes a bit softer.
Moreover, the $JACK blockchain is based on Solana, which has performed very well since 2024.
Kamala Harris’ attempt to reset relationships with the crypto-industry reflects her strategic pivot in preparation for the forthcoming election. This shift could have a significant impact on the crypto market. It may even benefit investors of emerging currencies like Blackjack.
As new information becomes available, this post Kamala aims to reset cryptocurrency relations with the launch of Blackjack ($JACK), which is scheduled for July 31, may change.
