⚡ Kamala Harris Voices Support for Crypto and AI
posted 23 Sept 2024
As part of her economic platform focused on "innovation and regulation," U.S. Democratic presidential candidate Kamala Harris pledged to support and encourage investments in cryptocurrencies and artificial intelligence if elected.
“I will bring together labor, small business founders and innovators and major companies. We will partner together to invest in America’s competitiveness, to invest in America’s futureshe added.
This is the first time Harris has publicly addressed digital assets since becoming a candidate, and her position is notably different from that of President Joe Biden. Previously, her political advisors indicated that she aims to support the crypto industry, particularly in protecting consumers.
Her Republican rival, Donald Trump, has taken an even more proactive stance on cryptocurrencies, promising to remove SEC Chairman Gary Gensler from his position. Trump also plans to appoint pro-crypto advocates to key regulatory roles.
It’s important to note that cryptocurrency companies, frustrated by regulatory pressure and uncertainty, have become key players in the 2024 U.S. presidential race, increasing their influence through political donations to candidates, including senators and congressmen who support cryptocurrencies.
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