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Kamala Harris to Support Digital Asset Growth

Aug 22, 2024
  1. Kamala Harris's Support
  2. Views of Harris and Trump on Cryptocurrency
  3. Political Activity in the Crypto Industry

Vice President Kamala Harris has expressed her intention to support policies that foster the growth of digital assets. Differences in views between her and former President Donald Trump on cryptocurrency regulation have become a topic of discussion.

Kamala Harris's Support

During a roundtable at the Democratic National Convention, Harris's senior campaign adviser, Brian Nelson, emphasized her commitment to the development of emerging technologies. 'She’s going to support policies that ensure that emerging technologies and that sort of industry can continue to grow,' Nelson said, striking a conciliatory tone with the crypto community.

She’s going to support policies that ensure that emerging technologies and that sort of industry can continue to grow.Brian Nelson, Senior Campaign Adviser for Harris

Views of Harris and Trump on Cryptocurrency

During a recent event in North Carolina, Kamala Harris emphasized her commitment to cutting red tape and supporting high-tech industries. Unlike her, Donald Trump has vowed to roll back regulatory oversight, including ousting Securities and Exchange Commission Chair Gary Gensler. These proposals have been cheered by major crypto investors like the Winklevoss twins.

Political Activity in the Crypto Industry

The cryptocurrency sector has long been critical of the Biden administration's approach to regulation. Now, the industry is gearing up for significant political involvement in this election cycle. Political donations from the crypto sector have increased, with some high-profile figures backing former President Donald Trump, who previously criticized cryptocurrency but has now shifted his stance.

Kamala Harris continues to promote policies that support the growth of digital assets, despite differences within the crypto industry and contrasting views with Donald Trump.

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