🌋 Kamala Harris Backs Black Crypto Investors

posted  14 Oct 2024
Throughout her campaign, Kamala Harris, a Democratic Party candidate, had not made her stance on cryptocurrencies clear. But on Monday, October 14, she broke her silence, expressing a clear endorsement of digital currencies.

Harris stated that if elected president, she plans to back the development of a regulatory framework for cryptocurrencies. This falls under her broader campaign initiative, "Kamala Harris Will Deliver for Black Men," which is designed to provide financial assistance and safeguard their investment interests.
Kamala Harris pledges her support for Black men, casting Donald Trump as a serious threat. Source: kamalaharris.com

Kamala Harris pledges her support for Black men, casting Donald Trump as a serious threat. Source: kamalaharris.com

Through her initiative, Harris praises the role of cryptocurrencies in expanding access to banking and financial services, pledging to protect the investments made by crypto investors.

In the crypto community, these statements have been received as her clearest stance in favor of digital assets. Previously, Harris had only made passing references to cryptocurrencies, without outlining any concrete policies for the sector.

What stands out is that Harris has approached the crypto space from an unexpected angle. Her initiative isn’t a standalone policy; it's woven into her larger platform to support Black men.

In addition to her stance on cryptocurrencies, the initiative includes promises to legalize marijuana, develop specialized programs for education and mentorship, and offer $1 million in forgivable loans to Black entrepreneurs.