Here are some recent quotes from Kamala Harris regarding cryptocurrency and her stance on the industry:
1. On encouraging innovation: During a recent fundraiser in New York, Harris highlighted her support for digital assets as part of a broader initiative, saying, “We will encourage innovative technologies like AI and digital assets while protecting our consumers and investors.†She added that her administration would work to establish “consistent and transparent rules of the road†to foster a safe environment for emerging technologies .
2. The need for regulatory frameworks: Harris has not publicly outlined specific policies on crypto, but campaign advisors have hinted she may support “policies that ensure emerging technologies … can continue to grow.†This statement suggests a balanced approach, aiming to support growth while also implementing frameworks for oversight .
3. Industry perspectives on Harris’s approach: In response to Harris’s remarks, Coinbase’s policy chief Faryar Shirzad commented, “It’s not nearly as forward-leaning as the concrete and visionary positions taken by Donald Trump, but it’s still notable because she recognizes digital asset innovation as being important and on par with AI,†showing that her cautious approach is noted within the industry .
These quotes underscore Harris’s balanced approach to cryptocurrency, combining support for innovation with regulatory oversight aimed at consumer protection.
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Kamala Harris has not taken a strong public stance on Bitcoin or cryptocurrency overall, but her recent campaign statements suggest a cautious but open approach. During a campaign fundraiser in September, she acknowledged digital assets, signaling potential support for the industry alongside other innovative sectors like AI. She emphasized the importance of consumer protections and a “safe business environment†with clear regulations, hinting at a framework that encourages tech growth while prioritizing oversight and transparency.
As vice president, Harris has aligned with the Biden administration’s cautious regulatory stance, which has led to increased scrutiny of the crypto industry, including actions by the SEC against major players like Coinbase and Binance. Observers note that while Harris is perceived as open to innovation, her stance on crypto might maintain some of the administration’s current regulatory policies, potentially including tighter consumer protections and compliance measures.
If Harris wins, her policies may blend innovation encouragement with stricter regulatory oversight, potentially stabilizing the crypto environment but also limiting aggressive growth. This contrasts with Trump’s more explicit pro-crypto stance, as he has pledged significant support for the industry. The outcome of the election will likely shape U.S. crypto policy, with Harris expected to take a more moderate, regulation-focused approach than her Republican opponent if elected (Cointelegraph, CoinMarketCap, CoinTelegraph).