United States Vice President Kamala Harris has passed the threshold of support needed from delegates that would clinch her the Democratic presidential nomination.
Harris has now secured pledges from 2,668 delegates at the time of publication, according to an unofficial Associated Press Democratic Delegate survey.
The results position her as the likely candidate from the Democratic Party to run against Republican nominee Donald Trump.
The delegates that have thrown their preliminary support behind Harris will still need to formalize their votes in the coming weeks and are expected to designate an official nominee by Aug. 7.
“Tonight, I am proud to have secured the broad support needed to become our party’s nominee,” Harris said in a statement.
“I look forward to formally accepting the nomination soon.”
Harris was endorsed by current President Joe Biden following his sudden decision to drop out of the election race on July 21.
She was also endorsed by Bill and Hillary Clinton and House Speaker Nancy Pelosi, putting to rest rumors that Hillary may have been looking to run as a presidential contender once again.
Harris’ backing comes amid concerns around Joe Biden’s health after the President announced he contracted Covid-19.
Related: What we know about Kamala Harris’ views on crypto
Biden’s physician Dr Kevin O’Connor said the president’s symptoms had “almost resolved completely” on July 22.
What does a Harris nomination mean for crypto?
While Donald Trump has made his stance on Bitcoin and cryptocurrencies clear — vowing to protect US Bitcoin miners and end the Biden administration’s “war on crypto” in June — Harris has not made any strong statements concerning digital assets.
Still, Harris is a California native who has been seen as one of the more tech-friendly democrats to become prominent in recent years.
Key to a Harris nomination and its effect on crypto will be who she selects as her running mate, with political pundits pegging Pete Buttigieg, Josh Shapiro, JB Pritzker, and Gavin Newsom as potential vice presidential candidates.
None of these potential picks have overly vocal stances on crypto or digital assets.
It remains unclear whether or not crypto policy under Harris would change dramatically from the current Biden administration.
Magazine: Crypto exposes sudden rift among Democrats months ahead of election