Kamala Harris Hints At “Regulatory Framework” For Cryptocurrency

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U.S. presidential candidate Kamala Harris appears to have indirectly expressed support for digital assets such as Bitcoin via a newly uploaded PDF document on her website.

The nine-page document, uploaded to the Vice President’s website on Monday, is entitled “Opportunity Agenda for Black Men” and does not directly reference Bitcoin or similar decentralized currencies.

However, the paper appears to hint at Harris’ support for cryptocurrency, citing it as part of an agenda to provide black men “with the tools to achieve financial freedom”.

The document goes on to state that such an agenda should support “a regulatory framework for cryptocurrency and other digital assets so black men who invest in and own these assets are protected”.

Harris’ statements could be an attempt to enlighten US voters on her attitudes towards cryptocurrency, having recently been described by Bloomberg as “a blank page” on the subject.

Meanwhile, rival presidential candidate Donald Trump seems to have captured the attention of crypto enthusiasts in the United States, having made a widely publicized appearance at the 2024 Bitcoin Conference in Tennessee. Trump emphatically set out his stall on cryptocurrency at the conference, declaring his support for the digital asset and making the case for a national crypto stockpile.

Reports have also suggested that Trump’s campaign has received more than $4 million in Bitcoin donations.

But with less than a month until the election on November 5, Harris still has opportunities to flesh out the details of what her “regulatory framework for cryptocurrency and other digital assets” might look like.


Harris expresses appreciation for “new technologies”

However, the fresh document goes on to express the need for “Black men who hold digital assets to benefit from financial innovation”, noting that over 20% of Black Americans own or have owned cryptocurrency assets.

While a specifically pro-Bitcoin position is absent, the document also declares that Harris “appreciates the ways in which new technologies can broaden access to banking and financial services”. However, this statement may be too vague to constitute a crypto-supportive stance.

The document also hints at new protections for crypto market participants, making the case for “a regulatory framework so that Black men and others who participate in this market are protected”.


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