Kamala Harris and Donald Trump hold different positions on cryptocurrencies. Harris proposes a cautious approach, whereas Trump actively supports the sector's growth.
Diverging Stances of Trump and Harris
Donald Trump envisions making the USA the "global crypto capital," while Harris promises to improve the regulatory framework. However, she remains cautious on issues like taxation, Bitcoin mining, and self-custody wallets.
Future Regulatory Landscape
With Harris in office, the regulatory climate could soften, especially after the resignation of Gurbir Grewal, former SEC enforcement division head. However, both Harris and Trump agree on supporting financial sanctions against foreign adversaries using crypto.
Common Ground
Trump aims to protect the right to self-manage wallets, giving crypto holders the freedom to manage BTC without intermediaries. Harris, on the other hand, remains cautious, aligning closely with Biden's position.
Despite their differences, both Trump and Harris recognize the importance of cryptocurrencies in today's economy. Harris shows willingness to support emerging technologies, including AI and cryptos.