- Kamala Harris has stated her plans to release pro-crypto policies on winning the elections.
- The vice president has shown uncertainty about the policies in her campaigns.
As the US Elections draw closer, the crypto community is waiting with bated breath to witness the regulatory reforms. However, they have also been observing the candidates’ approach to digital assets to reaffirm their political stance. While the Republicans have taken the lead in this regard, the Democrats continue to show uncertainty.
Notably, Democrat presidential candidate Kamala Harris revealed her Opportunities Agenda Speech in a recent campaign. The Opportunities agenda is mainly focused on Black men in America. The vice president briefly mentioned cryptocurrency about the Black men investing in the assets rather than the digital assets itself.
The agenda states that 20% of the black community owns crypto and thus Harris plans to encourage such “new technologies”. Due to these reasons, the Kamala Harris government will look into regulatory frameworks, read the agenda.
The Opportunities Agenda stated:
“She will make sure owners of and investors in digital assets benefit from a regulatory framework so that Black men and others who participate in this market are protected.”
This has elicited mixed reactions from the community. While certain members have seen the VP’s statement as an outward support for crypto, others have raised skepticism. They state that Kamala Harris doesn’t delve into details when discussing crypto and other digital assets.
How Has Kamala Harris Approached Crypto So Far?
Previously, over the last few months of the US elections campaign, Kamala Harris has reorganized the Democrats’ approach to cryptocurrency. After Biden’s moderate and unclear crypto stance, Harris had voiced explicit support for cryptocurrency. However, the Vice President has not gone beyond stating the obvious support.
In August, during the Democratic National Convention (DNC), she announced policies that would support crypto. These announcements, while reassuring to the community, have not succeeded entirely. The leader’s lack of detail and obscure statements have been a source of concern to them. Bitwise CIO, Matt Hougan has raised such concerns.
Meanwhile, the Republican candidate, Donald Trump has been endorsing crypto majorly with his latest initiative World Liberty Financial. The DeFi project is set to release its token this week.
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