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Kamala Harris to back cryptocurrencies and AI in the 2024 presidential race

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by Giorgi Kostiuk

a year ago

  1. Supporting Innovation and Consumer Protection
  2. Competing with Donald Trump for Crypto Voters
  3. Focus on Technological Development and Economic Growth


    4. Kamala Harris, the Democratic candidate for the 2024 US presidential election, has recently voiced her support for cryptocurrency technology and artificial intelligence (AI) as part of her campaign.

    Supporting Innovation and Consumer Protection

    In a speech at a fundraising event in New York, Harris reaffirmed her commitment to creating a safe business environment and supporting innovation in the cryptocurrency and AI sectors. "We will work together to invest in America's competitiveness, invest in America's future. We will support innovative technologies like AI and digital assets while protecting consumers and investors," she stated.

    We will support innovative technologies like AI and digital assets while protecting consumers and investors.

    Competing with Donald Trump for Crypto Voters

    Harris's move is seen as an attempt to engage with the crypto community, which has traditionally supported Republican candidate Donald Trump. Trump has been actively supportive of cryptocurrencies, launching several initiatives related to digital assets. In his campaign, Trump emphasizes his desire to become the 'crypto president' and promises a more friendly environment for the industry. Recent surveys show Trump leading by 12 points among voters who own cryptocurrencies.

    Focus on Technological Development and Economic Growth

    Harris appears to be distancing herself from some of the current administration's economic policies, hinting at a more crypto-friendly approach. Her campaign advisors stress the importance of this sector in the future economy. Senior advisor Brian Nelson suggested that Harris would support cryptocurrency policies if elected. Her stance has also received positive feedback from crypto industry figures like Coinbase's Chief Policy Officer, Faryar Shirzad, who called Harris's statement constructive, though less clear than Donald Trump's vision for digital asset and AI innovation.

    Kamala Harris's support for cryptocurrencies and AI reflects her ambition to stimulate technological development and economic growth in the US. She promises to create clear and understandable rules for the industry, ensure consumer and investor protection, and collaborate with various economic sectors to strengthen the country's competitiveness.

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