Yesterday, the Vice President of the United States, Kamala Harris, made a remarkable statement during a fundraiser on Wall Street, confirming her intention to promote the growth of digital technologies such as AI and crypto and to ensure consumer protection.
Commitment to innovative technologies
During this fundraiser, Kamala Harris clearly affirmed her position on emerging technologies. “We will encourage innovative technologies like artificial intelligence and crypto, with increased protection for our consumers and investors,” she declared. This commitment shows the current Vice President’s willingness to capitalize on the potential of crypto, while maintaining the necessary safeguards to avoid economic drifts. Harris also emphasized the importance of a safe working environment for businesses and promised the establishment of a “consistent and transparent” regulatory framework, a promise much awaited in a sector where legal uncertainty remains a brake on development. This speech, delivered in front of influential personalities, aims to strengthen her position with young voters and crypto investors.
Potential repercussions for the crypto ecosystem
Beyond her statements, Harris also plans to unveil a set of new economic proposals in the coming week, aimed at helping Americans “build wealth” through incentives for businesses. However, this openness to digital technologies is not without risk. Indeed, attempts at overly strict or poorly calibrated regulation could hinder innovation in the sector, thus causing an exodus of talent and businesses to more flexible jurisdictions. Donald Trump, her main political opponent, has also tried to court the crypto industry, with a flurry of initiatives, including his association with projects like World Liberty Financial. While Harris maintains a slight lead in key state polls, the stakes remain high for an industry demanding stability and long-term vision.
Kamala Harris’s speech during this fundraiser sheds more light on how the United States envisions the future of crypto. If the adoption of new technologies could transform the economy, it must imperatively be accompanied by adapted and balanced regulations. The next economic proposals of the Democratic candidate will be closely watched by the industry.
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