Coinbase Global Advisor to Join Biden’s Reelection Campaign

Author: Turner Wright, CoinTelegraph; Compiled by: Wuzhu, Bitchain Vision

Keisha Lance Bottoms, a former mayor of Atlanta and a member of the global advisory board of cryptocurrency exchange Coinbase, will join President Joe Biden’s 2024 U.S. presidential election campaign.

According to Ebony on June 26, Lance Bottoms said she will join the Biden campaign as a senior adviser.She served as mayor of Atlanta from 2018 to 2022 and joined the Coinbase Advisory Board in April 2024 after resigning from her White House advisory role in 2023.

According to the Capitol Hill report on June 27, Lance Bottoms will continue to stay at Coinbase during Biden’s presidential campaign, and President Biden’s campaign is expected to end in November, when American voters will participate in the vote.According to news media reports, the former mayor saidCryptocurrency is a “non-political and unified issue.”

Whether Lance Bottoms will advise the Biden campaign on cryptocurrency-related issues is unclear.There are reports that the U.S. president is considering accepting crypto donations from supporters and meeting with lawmakers to discuss digital assets.

Cryptocurrency and politics

Lance Bottoms spoke at one of the Coinbase Stand With Crypto events in Atlanta on June 26 ahead of the debate between President Biden and Donald Trump.The advocacy group called on users to contact CNN hosts Jake Tapper and Dana Bash to ask them to resolve cryptocurrency-related issues during the debate.

“Atlanta has a thriving black blockchain community,” Lance Bottoms said at the Stand With Crypto event in Atlanta, according to The Hill. “Cryptocurrency provides communities that often have no bank accounts and underserved banks.An opportunity to strengthen financial freedom.”

Source: Stand With Crypto

In February, former U.S. Rep. Sean Patrick Maloney said he would resign from the Coinbase Global Advisory Board if President Biden nominated him to represent the Organization for Economic Cooperation and Development.When Coinbase formed the committee in May 2023, Maloney was one of the initial advisory members of the committee.

Since Coinbase launched Stand With Crypto in 2023, the group’s Political Action Committee (PAC) has more than one million advocates and actively supports or oppose candidates at the state and federal levels.Coinbase is one of the main supporters behind Fairshake Super PAC, a group that has launched ads against many politicians on Stand With Crypto who have been named anti-cryptocurrency.

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