VP Kamala Harris promises to support crypto regulatory framework

• Vice President Kamala Harris continues to embrace crypto with “Opportunity Agenda” speech
• During her campaign trail, Harris hasn’t said much about crypto
• Harris said she wants black men “who hold digital assets to benefit from financial innovation”

US Vice President and Democratic presidential nominee Kamala Harris has announced she will support a “regulatory framework for cryptocurrency and other digital assets” as part of her “Opportunity Agenda.”

Speaking to a group of black entrepreneurs in Erie, Pennsylvania as part of Harris’ campaign trail, her agenda forms part of a broader speech to boost voter support for Harris among black men.

In her agenda, it said Harris wants black men “who hold digital assets to benefit from financial innovation,” adding:

“Vice President Harris knows that more than 20% of Black Americans own or have owned cryptocurrency assets, which is why her plans will ensure owners of and investors in digital assets benefit from a regulatory framework so that Black men and others who participate in this market are protected.”

This agenda from the Harris presidential team adds to the vice president’s latest comments on crypto, which have become a recurring topic during the 2024 campaign trail.

Increased crypto support

In September, Kamala Harris made, what are believed to be, her first crypto-positive remarks during a New York fundraiser.

During her comments Harris promised that, if elected, she would help grow investment in artificial intelligence and crypto, adding:

“We will encourage innovative technologies like AI and digital assets, while protecting our consumers and investors.”

Harris’s comments come as presidential rival Donald Trump is increasing his support of the crypto industry.

Earlier in September, Trump – who said he wants to make America the “crypto capital of the planet” – became the first US president to use the Bitcoin network after sending a Bitcoin transaction at PubKey, a crypto-themed bar in New York ahead of his campaign rally in Long Island.