Democratic Party's presidential candidate Kamala Harris outlined her stance on cryptocurrencies within the framework of her 'Opportunity Economy' policy.
Support for Technology Innovations
At a recent fundraiser in New York City, Kamala Harris expressed support for emerging technologies including cryptocurrency and artificial intelligence. She emphasized the need for economic modernization while ensuring consumer and investor protections. 'We will partner to invest in America's competitiveness, encouraging innovative technologies,' Harris declared.
Potential Benefits for the Crypto Industry
Harris's policy could positively impact the crypto industry by creating a regulated environment. Plans include tax incentives and measures to support small businesses, which could help blockchain startups secure funding and minimize regulatory risks. Kristin Smith, CEO of the Blockchain Association, expressed optimism about these changes.
Skepticism Towards Harris’s Policy
While Harris has shown support for cryptocurrencies, her position has sparked skepticism. Critics argue this may be a strategic move in her campaign, as she previously remained silent on the subject. Consumer protection could be a pretext for stricter regulations.
Although Kamala Harris made positive remarks about cryptocurrencies, the actual policies of her administration remain uncertain. The development of the crypto industry in the U.S. will depend on future events and election outcomes.