Kamala Harris Aide Confirms Crypto Support – But Will Her Policy Differ from Biden’s?
Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.
Vice President Kamala Harris will support initiatives aimed at expanding the crypto sector, marking one of the first clear signals of her endorsement for the industry’s growth, according to a senior campaign adviser.
“She’s going to support policies that ensure that emerging technologies and that sort of industry can continue to grow,” her adviser Brian Nelson said at a Bloomberg News roundtable at the Democratic National Convention on Wednesday.
Prior to this latest update, Harris or her team had not officially endorsed policies to grow the sector. However, signs and actions were suggesting a potential shift toward a more favorable view on cryptocurrency.
Her advisers had been meeting with key crypto industry players. They are said to have engaged with companies like Coinbase, Circle, and Ripple Labs. These connections could influence future regulatory policies.
BREAKING: Bloomberg reports that Kamala Harris 'supports policies to expand the crypto industry'
Members of the crypto community have been actively supporting Harris. Individuals like J.P. Thieriot, former Uphold CEO, have campaigned on her behalf. They suggest she could create a more favorable regulatory environment for crypto compared to the Biden-Harris administration.
Her campaign is viewed as a chance to reset crypto policies. This is particularly relevant after the Biden administration’s regulatory approach created some tension with the tech industry. For now, the industry is adopting a wait-and-see approach.
However, it seems Harris’ stance on crypto might not differ much from Biden’s — and there is speculation that it may not be a
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