Home Kamala Harris leaves crypto community guessing in latest speech

Kamala Harris leaves crypto community guessing in latest speech

TLDR

  • Kamala Harris teased a crypto framework but didn't mention it in her recent speech.
  • Her campaign focuses on an "opportunity economy" without touching on digital assets.
  • Donald Trump remains more vocal on crypto and launched his own project, World Liberty Financial.

Vice President and Democrat presidential candidate Kamala Harris failed to review her teased crypto regulatory framework during her recent appearance.

Harris teased a crypto regulatory framework that she would implement if elected as the next president of the United States in her Oct. 14 press release. The document promised that the presidential candidate would support “a regulatory framework for cryptocurrency and other digital assets.” The release continues:

“Vice President Harris knows that more than 20% of Black Americans own or have owned cryptocurrency assets, which is why her plans will ensure owners of and investors in digital assets benefit from a regulatory framework so that Black men and others who participate in this market are protected.”

The speech

Earlier today (Oct, 15), the Harris campaign held a public speech — but failed to mention cryptocurrencies, blockchain, or digital assets even in passing. What she did was keep touting an “opportunity agenda:”

“We will build a future where we have what I call an opportunity economy, where everyone can compete and have a real chance to not just to get by, but to get ahead.”

This silence follows Harris speaking publicly about crypto for the first time in late September, pledging support for the industry while stressing consumer protections during her presidential campaign. She told a fundraiser in Manhattan at the time:

“We will partner together to invest in America’s competitiveness, to invest in America’s future. We will encourage innovative technologies like AI and digital assets while protecting our consumers and investors.”

Her republican opponent, and former United States president, Donald Trump, on the other hand, has spoken about crypto in many instances and now also has skin in the game. The Trump family recently launched its crypto project, World Liberty Financial, which opened up sign-ups earlier this month.

Trump is also a proponent of the much-criticized United States Bitcoin (BTC) strategic reserve, among other crypto-related initiatives. It may then be unsurprising that late-September polls show that cryptocurrency owners tend to favor Trump over Harris in the upcoming presidential election.

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The ReadWrite Editorial policy involves closely monitoring the tech, gambling and blockchain industries for major developments, new product and brand launches, AI breakthroughs, game releases and other newsworthy events. Editors assign relevant stories to in-house staff writers with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Radek Zielinski
Tech Journalist

Radek Zielinski is an experienced technology and financial journalist with a passion for cybersecurity and futurology.

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