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Kamala Harris Makes First Public Statement on Cryptocurrency During Presidential Campaign

Sep 24, 2024
  1. Harris's First Statement on Cryptocurrency
  2. Public Figures' Comments
  3. Competition with Trump and the Election Race

US Vice President Kamala Harris made her first public statement about cryptocurrency during her presidential election campaign. At a New York fundraiser, Harris vowed to encourage investment in artificial intelligence and digital assets.

Harris's First Statement on Cryptocurrency

Kamala Harris promised to work on increasing investments in America's competitiveness and its future. She also emphasized the importance of supporting innovative technologies such as artificial intelligence and digital assets while ensuring consumer and investor protection.

Public Figures' Comments

Harris's speech attracted attention from various public figures. Faryar Shirzad, Coinbase's policy chief, noted that Harris's statement is important and constructive. Alexander Grieve, vice president of government affairs at venture firm Paradigm, found the statement encouraging and noted that this term should be the last anti-crypto administration, regardless of the election outcome. However, Jake Chervinsky, legal chief at crypto venture firm Variant, expressed doubts about the specifics and potential impact of Harris's policy.

Competition with Trump and the Election Race

The current election race between Kamala Harris and Donald Trump is heavily focused on cryptocurrency. Trump actively supports cryptocurrency, having released four non-fungible token collections and expressing intentions to fire SEC Chair Gary Gensler. According to FiveThirtyEight data from Sept. 22, Harris leads Trump by only 2.9 percentage points.

Kamala Harris's first public statements on cryptocurrency indicate her intention to support innovation in this sector, though the details of her policy remain unclear. The upcoming elections will be crucial for the future of the crypto industry in the US.

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