Kamala Harris Will Support Policies to Expand Crypto

Vice President Kamala Harris will support policies to expand the crypto industry, a close policy aide has revealed.

When asked on Harris’s efforts to involve the crypto community during a Bloomberg News roundtable at the Democratic National Convention on Wednesday, Brian Nelson, senior campaign adviser for policy to the campaign, said “She’s going to support policies that ensure that emerging technologies and that sort of industry can continue to grow. ”

just in from @hlowenkron: Kamala Harris will support efforts to help grow the crypto industry, according to an aide to her campaign
full story on @TheTerminal now 🖥️ pic.twitter.com/jsHyeSUsQ4

— Emily Nicolle (@emilyjnicolle) August 21, 2024

Crypto industry experts have shown online support to former President Donald Trump, after Trump openly expressed positive views on crypto and specifically on Bitcoin. From a campaign of ‘Made in USA’ stamp on remaining Bitcoins that are mined in the USA, to speaking at the Bitcoin Conference in Nashville, Trump has consciously recognized opportunities to garner support from the crypto industry. Trump has also maintained that he wants decreasing regulations on the crypto industry and the US must embrace the industry in case of China’s growing lead.

Trump’s personal financial disclosure also revealed that he holds $1 Million in crypto and has even earned millions from trading NFTs.

Kamala Harris’s team, on the other hand, says that they are still interested in bringing safeguards on the industry, especially after the industry witnessed collapses of various high-end firms.

Referring to the recent Harris ‘s speech on her economic policy, Nelson stated , “Obviously, they’ve expressed that one of the things they need are stable rules- rules of the road.”

Also Read: Kamala Harris Engages with Crypto Industry to Counter Trump’s Promises