{"id":38251,"date":"2024-09-23T10:00:23","date_gmt":"2024-09-23T10:00:23","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/democratic-nominee-kamala-harris-addresses-crypto-industry-for-the-first-time\/"},"modified":"2024-09-23T10:00:23","modified_gmt":"2024-09-23T10:00:23","slug":"democratic-nominee-kamala-harris-addresses-crypto-industry-for-the-first-time","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/democratic-nominee-kamala-harris-addresses-crypto-industry-for-the-first-time\/","title":{"rendered":"Democratic Nominee Kamala Harris Addresses Crypto Industry for the First Time"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
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Democratic presidential nominee Kamala Harris has publicly outlined her stance on cryptocurrency for the first time, pledging to foster growth in the digital asset sector and other emerging technologies, such as artificial intelligence. Speaking at a fundraiser at Cipriani Wall Street in Manhattan on September 22, Harris emphasized her vision of building an \u201copportunity economy\u201d by encouraging innovation while implementing protective measures for consumers and investors.<\/p>\n

Harris\u2019 commitment to supporting the crypto industry signals a departure from the current administration\u2019s hardline stance. She stated, \u201cWe will partner together to invest in America\u2019s competitiveness, to invest in America\u2019s future. We will encourage innovative technologies like AI and digital assets while protecting consumers and investors. We will create a safe business environment with consistent and transparent rules of the road.\u201d<\/em><\/p>\n

This contrasts sharply with President Joe Biden\u2019s approach, which has faced criticism from crypto advocates for regulatory crackdowns on digital asset companies, often referred to as Operation Choke Point 2.0. Harris\u2019 remarks suggest a more balanced approach, focusing on fostering innovation while maintaining regulatory oversight.<\/p>\n

Contrasting Positions, Harris vs. Trump<\/strong><\/h2>\n

While Harris outlines her vision for a balanced and regulated crypto market, her Republican opponent, Donald Trump, has taken a more aggressive stance in courting the industry. Trump has recently been involved in the launch of World Liberty Financial, a controversial crypto project with his sons, and has promised to dismiss SEC Chair Gary Gensler, known for his stringent enforcement actions against leading crypto firms. The two had a debate<\/a> on betting market surge as well.<\/p>\n

In response to Harris\u2019 remarks, Coinbase policy chief Faryar Shirzad commented on X (formerly Twitter) that while her stance is not as \u201cconcrete and visionary\u201d as Trump\u2019s, it still marks a significant step for the Democratic Party. Shirzad also noted that Harris\u2019 team has been engaging with key figures in the crypto space, indicating an effort to reshape the party\u2019s narrative on digital assets.<\/p>\n

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Harris\u2019 focus on providing clear regulations aligns with the need for stability in the crypto market, especially after high-profile incidents like the collapse of FTX in 2022. Yet, despite this recent outreach, she has faced criticism from the crypto community for her previous silence on the issue. Her absence from a virtual town hall organized by Crypto4Harris in August disappointed many, highlighting the challenges she faces in building trust with crypto enthusiasts.<\/p>\n

As Harris continues to refine her stance, the crypto industry will be watching closely to see if her promises translate into concrete policy actions.<\/p>\n<\/p><\/div>\n

Source link <\/a>
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(Originally posted on : Crypto News – iGaming.org ) Democratic presidential nominee Kamala Harris has publicly outlined her stance on cryptocurrency for the first time, pledging to foster growth in the digital asset sector and other emerging technologies, such as artificial intelligence. Speaking at a fundraiser at Cipriani Wall Street in Manhattan on September 22, […]<\/p>\n","protected":false},"author":34,"featured_media":38252,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/38251"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=38251"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/38251\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/38252"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=38251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=38251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=38251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}