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Kamala Harris’s campaign confirms her support for the crypto sector, will her policies be different from Biden’s?
Kamala Harris’s campaign confirms her support for the crypto sector, will her policies be different from Biden’s?
Current US Vice President Kamala Harris has announced her intention to support initiatives that seek to expand the activities of the crypto sector, which represents one of the first clear signs of her support for the growth of the sector, according to statements by one of her senior campaign advisors, Brian Nelson. Nelson acknowledged last Monday during a Bloomberg News dialogue session about the Democratic National Convention that: “Harris will support policies that ensure that emerging technologies and related sectors can continue their expected growth.”
Harris and her team had not formally announced policies that would help the crypto sector flourish before this latest announcement, but the vice president’s hints and actions suggest she may be taking a more pro-crypto approach than the current administration. Her advisers have met with major players in the crypto sector, and are said to have reached out to companies such as Coinbase (NASDAQ:COIN), Circle, and Ripple Labs, and these meetings are likely to have an impact on future regulatory policies.