Ex-Atlanta Mayor and Coinbase Advisor Joins Biden's 2024 Campaign
Summary:
Keisha Lance Bottoms, ex-mayor of Atlanta and a member of Coinbase's global advisory council, is slated to join President Biden's 2024 electoral campaign as a senior advisor. Simultaneously, she will continue her role with Coinbase. It's still not clear whether Lance Bottoms will advise the Biden campaign on cryptocurrency-related matters. Her decision aligns with her belief in the unifying nature of cryptocurrency. This recent development comes amid reports of President Biden's consideration to accept cryptocurrency contributions from supporters.
The ex-mayor of Atlanta, Keisha Lance Bottoms, who is presently part of Coinbase's global advisory council, is set to join the electoral campaign team of President Joe Biden for the US Presidential election in 2024. A report from Ebony magazine, dated June 26, revealed Lance Bottoms’ decision to take up the role of a senior advisor in Biden's campaign. During her term as Atlanta's mayor from 2018 to 2022, and her recent appointment to Coinbase's advisory council in April 2024, she made a name in the crypto world. However, she left her White House advisory role in 2023. On June 27, The Hill reported that she would continue her role with Coinbase while working for President Biden's campaign, which is scheduled to conclude with the general election in November. The same report noted Lance Bottoms' belief in the non-political and unifying nature of cryptocurrency.
As of now, it's uncertain whether Lance Bottoms' advisory role with the Biden campaign includes providing counsel on cryptocurrency-related matters. There have been reports suggesting that President Biden is contemplating the acceptance of cryptocurrency donations from backers and considering meeting lawmakers to talk about digital currencies. As of the time of reporting, efforts to get a comment from the Biden campaign have not been fruitful.
During a ‘Stand With Crypto’ event in Atlanta, organized by Coinbase, Lance Bottoms reaffirmed her belief in the power of cryptocurrency. The event happened shortly before a debate between President Biden and Donald Trump. A call has been made by the advocacy group for users to encourage CNN moderators, Jake Tapper, and Dana Bash, to bring up relevant crypto issues during the debate. The Biden-Trump debate will last 90 minutes and include a studio audience.
Stand With Crypto Atlanta recognized the city for its prominent Black-owned blockchain community during the event. Lance Bottoms further expressed, according to The Hill, that crypto provides opportunities for communities that frequently experience underbanking, promoting their financial independence.
In a related development, former U.S. Representative Sean Patrick Maloney made a declaration in February about resigning from Coinbase's global advisory council if he was nominated by President Biden to represent the Organisation for Economic Cooperation and Development. He was one of the first advisory members when Coinbase established the council in May 2023. Since its inception, Stand With Crypto (established in 2023) has attracted over one million advocates via its political action committee (PAC) and is openly backing or opposing candidates at both state and federal levels. Coinbase has been a key financier behind the Fairshake Super PAC, which initiated several attack ads against politicians considered anti-crypto by Stand With Crypto.
Published At
6/27/2024 11:03:17 PM
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