Kamala Harris Promises to Support Crypto Industry

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Kamala Harris declared on Sunday that her administration would prioritize the development of digital assets and artificial intelligence (AI) if she wins the presidency.

She made this commitment while speaking at a Wall Street fundraiser in Manhattan, reported by Bloomberg.

Harris emphasized the importance of investing in America’s competitiveness and future and encouraged the development of innovative technologies like AI and digital assets. However, she also stressed the need to protect consumers and investors.

While Harris had previously been silent on the topic of Bitcoin and cryptocurrency, which have become crucial elements in the 2024 US presidential election, there have been reports that her campaign is quietly engaging with industry leaders to build a stronger relationship between the Democratic Party and the crypto sector.

This is the first time that Harris has publicly endorsed the sector as a front-running candidate for the Democratic Party. Her statements also distinguish her from the current policies of President Joe Biden, which have been seen by some as unfriendly towards the crypto industry.