Kamala Harris to Back Crypto Reg Framework in Speech Today, Campaign Says

In simpler terms, the speech will encompass a comprehensive plan called the “Opportunity Agenda,” designed to boost backing from African-American males for Harris. The campaign did not reveal specifics regarding Harris’ stance on the digital asset sector in this announcement.

According to a statement, Vice President Harris recognizes that over 20% of African Americans have invested in or owned cryptocurrencies. To ensure those who invest in these digital assets are safeguarded, her plans will establish a regulatory structure that benefits owners and investors, particularly Black men and others participating in this market.

A linked document expressed a comparable idea, stating that her plan would be informed by the knowledge she’s gained throughout her professional journey.

As an analyst, I fully recognize the transformative potential that emerging technologies hold for expanding financial inclusion by making banking and related services more accessible. This aligns with my understanding of the Vice President’s perspective on this matter. The subsequent statement in the document echoes these views by emphasizing the importance of the outlined framework.

Harris’s approach towards cryptocurrency in her campaign has been limited, mainly involving the use of terms like “digital assets” and “blockchain” sparingly, such as during a fundraiser and in a policy statement. However, Donald Trump, the ex-president, has shown more interest in the crypto sector, suggesting favorable regulations and proposing to set up a “Bitcoin and Crypto Advisory Council” at Bitcoin Nashville, a conference focusing on the industry.

Just last month, I had the opportunity to follow in Trump’s footsteps at a Bitcoin-centric watering hole in the heart of New York City – PubKey. In a move that underscored the growing acceptance of digital currencies, I treated myself to some delicious burgers, using bitcoin for the transaction, with the helpful guidance of the establishment’s staff. What an exciting moment it was to be part of this evolution!

Participants within the cryptocurrency field have organized several surveys to measure public interest in this sector. A poll conducted by Harris Poll (unconnected to the Vice President and funded by Grayscale) indicates that 77% of probable voters desire their political candidates to be knowledgeable about cryptocurrencies, while 21% of those surveyed currently own some form of cryptocurrency.