Chris Larsen Signs Presidential Election Endorsement
Ripple co-founder and executive chairman, Chris Larsen, joined a group of eighty-eight corporate leaders in endorsing Democratic nominee Kamala Harris for the upcoming 2024 U.S. presidential election. The endorsement letter, spearheaded by Larsen, includes prominent figures such as Yelp CEO Jeremy Stoppelman, Blackstone COO Tony James, athlete Magic Johnson, Snap chairman Michael Lynton, Facebook co-founder Dustin Moskovitz, Lazard CEO Peter Orszag, and Box CEO Aaron Levie.
The endorsers believe that electing Harris would be the most beneficial choice to ensure the continued strength, security, and reliability of both democracy and the economy. They argue that Harris, a former top prosecutor and current U.S. vice president, would push for fair and predictable policies that support the rule of law, stability, and a conducive business environment.
Notably, billionaire and long-time crypto investor Mark Cuban also added his name to the list of endorsers, showcasing the diverse support for Harris from various sectors of the business community.
Donald Trump Versus Kamala Harris
In the ongoing battle for the presidency, Harris is currently leading Republican nominee Donald Trump by an average of three percent in national polls. However, according to the decentralized prediction platform Polymarket, Trump maintains a one-point lead in the official election forecast.
While Harris has not been vocal about her stance on digital assets, reports suggest that she may adopt a softer policy approach towards cryptocurrencies compared to current President Joe Biden. On the other hand, Trump has openly endorsed his family’s upcoming cryptocurrency platform, vowing to establish the U.S. as the global hub for digital currencies.
During the bitcoin Conference 2024 in July, Trump expressed his commitment to industry-friendly regulations, emphasizing a shift towards policies shaped by individuals supportive of the cryptocurrency sector rather than those who oppose it.
Despite receiving support from prominent business leaders like Chris Larsen and Mark Cuban, the blockchain industry's undecided voters remain a wildcard in determining the final outcome of the election and where their allegiance will ultimately lie.
