Harris: Will support AI and cryptocurrency industries
Vice President Says She Will Encourage 'Innovative Technology'; Fundraiser at Cipriani Wall Street Venue Raises $27 Million.

Vice President Says She Will Encourage 'Innovative Technology'; Fundraiser at Cipriani Wall Street Venue Raises $27 Million.
Ripple's CEO, Chris Larsen, together with 88 other business leaders have signed a letter of support for Kamala Harris.
The Republican Party (Led by Former President Donald Trump) and The Democratic Party (Led by Vice President Kamala Harris) are now in a race to cozy up to the influential figures of Silicon Valley. VP Harris and her team have also reportedly broaching top crypto companies to extend an olive branch in an effort to repair the strained relationship between the Democratic Party
Despite a recent decrease in crypto derivative trading volumes, which fell from around $2 trillion at the beginning of the year to approximately $1.5 trillion in September, Deribit remains optimistic about its expansion plans.
Additionally, their jointly operated Centre Consortium will be shut down.
The ongoing legal battle between blockchain firm Ripple and the Securities Exchange Commission (SEC) is projected to impact the general crypto market.
If the regulator is successful in this case, it might have very negative repercussions for XRP, its investors, and the cryptocurrency sector as a whole.
QCP Capital, a crypto trading firm based in Singapore, has at least $97 million stuck on FTX after the crypto exchange filed for bankruptcy last month.
The Securities and Exchange Commission (SEC) has been extensively criticized for its regulatory stance in the crypto sector.
The privacy-focused mixer has been at the center of several DeFi exploits over the past year as users attempted to obfuscate the trail of stolen funds.