U.S. Vice President and Democratic presidential candidate Kamala Harris was campaigning for votes in Pennsylvania on Monday. According to the content of her speech disclosed in advance, Harris originally seemed to intend to express support for "the establishment of a regulatory framework for cryptocurrency." Unexpectedly, she failed after taking the stage. It only vigorously touted the promotion of the "opportunity economy" without elaborating on the significance of this to digital assets, which disappointed everyone.
Earlier on Monday, Harris' campaign unveiled a broad "opportunity economy" agenda, including her substantive policy stance on cryptocurrencies, but those hoping for more details from her Pennsylvania speech ended up instead. Disappointed.
In this speech, Harris did not even mention "blockchain" or "digital assets" publicly as before, and she did not mention "cryptocurrency" at all. In her speech on Monday night, she said:
We're going to build a future that I call an opportunity economy, where everyone can compete and have a real opportunity to not just make ends meet, but to save money.
Harris' campaign team stated earlier in the day that the goal of this opportunity policy is to strengthen support for her among African-American men. The press release states:
Vice President Harris knows that more than 20% of African Americans own or have owned cryptocurrency assets, which is why her plan will ensure that digital asset holders and investors benefit from a regulatory framework that allows black men and Other players in this market are protected.
The press release also attached a document echoing the above message, which stated: "Vice President Harris appreciates that new technologies can expand the scope of banking and financial services." The content then reiterated the statement in the press release about this regulatory framework.
Previously, Harris has been silent on the issue of cryptocurrency. In contrast, Republican presidential candidate and former President Donald Trump has already made a series of proposals for the cryptocurrency industry, promising friendly regulatory agencies, and " Bitcoin Conference" stated that he would appoint a "Bitcoin and Cryptocurrency Advisory Committee."
Trump also visited PubKey, a Bitcoin bar in New York City, last month and, with the help of bar employees, bought a burger using Bitcoin.
Crypto industry players have commissioned multiple polls to gauge voter interest in cryptocurrencies. A Harris poll funded by crypto asset management firm Grayscale found that 77% of likely voters want presidential candidates to know about cryptocurrencies, with 21% of respondents holding at least some cryptocurrencies.
Galaxy Research said on October 14 that Harris’s attitude toward cryptocurrency, although friendlier than Biden’s, is still far less favorable than Trump’s.
Alex Thorn, director of Galaxy Research, posted on the social platform Still maintaining an unfavorable position. Alex Thorn said:
Although Trump is undoubtedly more beneficial to this industry, we are also optimistic that Jinli Harris will give more support than Biden.
Since September, Harris has upgraded her political views in the field of cryptocurrency, stating that she will list blockchain technology as one of several emerging technologies and hopes that the United States will "maintain its dominance."
"Big disappointment! Where is the promised cryptocurrency regulatory framework? He Jinli did not mention it in his campaign speech." This article was first published on (Block Guest).
