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Kamala Harris has given the green light to cryptocurrency.

Kamala Harris has given the green light to cryptocurrency.

23.09.2024 09:51

U.S. Vice President Kamala Harris made her first official statement regarding the cryptocurrency sector. Speaking at an event held on Wall Street, Harris pledged support for innovative technologies such as cryptocurrencies and artificial intelligence. This statement is interpreted as a sign of a new era in the U.S. cryptocurrency policy.

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Kamala Harris's statements on Wall Street are opening a new chapter in the U.S. cryptocurrency policy. While Harris pledged support for innovative technologies such as artificial intelligence and cryptocurrencies, she also emphasized the protection of consumer rights. This balance outlines the main framework of the U.S.'s future technology strategy.

Interest in the Crypto World is Growing in the U.S.

Kamala Harris made her first statements about cryptocurrencies and digital assets at a fundraising event held on Wall Street as part of her presidential campaign. Speaking at the event, Harris said, "We will work together to invest in America's competitiveness and future. While promoting innovative technologies like artificial intelligence and digital assets, we will protect our consumers and investors."

This statement is seen as a long-awaited step by the cryptocurrency industry. Given President Joe Biden's distant stance towards the sector, Harris's approach on this issue was eagerly anticipated. Harris, who stands out as the Democratic Party's presidential candidate, received positive feedback from industry representatives.

Faryar Shirzad, the policy head of Coinbase, described Harris's statements as "significant and constructive." Shirzad stated, "Although not as forward-thinking as Donald Trump's concrete and visionary positions, it is noteworthy that she sees digital asset innovation as important and on par with artificial intelligence."

The cryptocurrency sector has become an important campaign issue in the U.S. elections. A group called Public Citizen reported that U.S.-based crypto companies like Coinbase, Ripple, and Gemini spent approximately $120 million to influence the November elections.

While Harris's statement was positively received in the sector, some experts indicated that they were expecting more details. Jake Chervinsky, head of Variant Law, commented, "This is a progress, and progress is good. However, the phrase 'while protecting our consumers and investors' can mean many things. I want to see the policy details."

The cryptocurrency world is closely following the approaches of both Harris and her rival Donald Trump. Trump had previously promised to be a "crypto-friendly president" and announced that he would remove Securities and Exchange Commission (SEC) Chairman Gary Gensler from his position.

According to FiveThirtyEight data, the race between Harris and Trump is quite close. As of September 22, Harris is only 2.9 points ahead of Trump in national polls. It is expected that both candidates will clarify their cryptocurrency policies more distinctly in the upcoming period.

These developments indicate that the U.S. technology policy has gained a new dimension. Vice President Kamala Harris's statements on cryptocurrency and artificial intelligence shed light on the country's digital future. Harris's words underline the delicate balance that is being attempted between innovation and regulation.



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