Mark Cuban Has Been Advising Kamala Harris on Crypto

The U.S. Presidential race is heating up after the information that Vice President Kamala Harris is the presumed Democratic nominee for the 2024 Presidential Election.

And whereas major business and tech leaders are break up on their help for Harris or the Republican nominee, former U.S. President Donald Trump, one billionaire says he is been contacted about cryptocurrency.

Associated: Mark Cuban Slams ‘Soulmate’ Elon Musk, Says Silicon Valley’s Support for Trump Is a ‘Bitcoin Play’

In an interview this week with crypto-focused publication Decrypt, “Shark Tank” star Mark Cuban stated that, after being contacted by Harris’s staff with questions, it was a “good signal” for the way forward for the enterprise if elected.

“I am getting a number of questions from her camp about crypto,” he informed the outlet. “The suggestions I am getting, however definitely not confirmed by the VP, is that she will probably be way more open to enterprise, [artificial intelligence], crypto and authorities as a service.”

Cuban, an avid Bitcoin proprietor and supporter, has accused Silicon Valley leaders supporting Trump of a “Bitcoin play.”

“What’s going to drive the value of BTC is decrease tax charges and tariffs, which if historical past is any information (and it isn’t at all times ), will probably be inflationary,” Cuban explained on X. “Mix that with world uncertainty as to the geopolitical position of the USA, and the influence on the US Greenback as a reserve forex, and you may’t align the celebrities any higher for a BTC worth acceleration.”

Harris has not formally taken a stance on crypto up to now, however President Biden’s stance has been historically unfavorable.

In Might, Biden vetoed a bill set to repeal the U.S. Securities and Trade Fee’s Employees Accounting Bulletin 121, which “directs monetary establishments holding crypto for patrons to maintain the belongings on their very own steadiness sheets,” in keeping with Coindesk.

Associated: Billionaires, CEOs Respond President Biden’s Decision

“By advantage of invoking the Congressional Assessment Act, this Republican-led decision would inappropriately constrain the SEC’s means to set forth acceptable guardrails and handle future points,” Biden stated in an official White House statement on the time.

Cuban has not formally endorsed a presidential candidate however has shared a number of Harris memes on social media.