Kamala Harris Eyes Bitcoin Support in Push for Tech Growth

YEREVAN (CoinChapter.com) — Kamala Harris may support the growth of digital assets, including Bitcoin, according to recent statements from her campaign.

Democratic Vice President Kamala Harris may throw her support behind the growth of Bitcoin and other digital assets, according to recent statements from her campaign.

In a new development, Harris intends to “back measures to help grow” Bitcoin and other digital assets in the United States, Bloomberg reported.

Kamala Harris to Support Bitcoin Growth in Tech Push

Kamala Harris’ campaign senior adviser, Brian Nelson, confirmed that the Vice President will support policies for emerging technologies like cryptocurrencies. During a roundtable with Bloomberg News, Nelson highlighted Harris’ focus on creating a stable regulatory environment. The measures are designed to help the cryptocurrency sector grow effectively.

“She’s going to support policies that ensure that emerging technologies and that sort of industry can continue to grow,”

Nelson stated.

Harris’ broader economic agenda includes cutting unnecessary regulatory red tape, with an emphasis on fostering business growth. While she did not mention Bitcoin specifically in a recent speech, her team’s statements hint at a potential shift toward supporting digital assets within the Democratic Party, with an emphasis on stability and consumer protection.

Crypto Community Skeptical of Harris’ BTC Stance

Despite these signals, skepticism abounds in the cryptocurrency community. Senator Cynthia Lummis, a renowned Bitcoin advocate, expressed doubts about Harris’ commitment to supporting Bitcoin. At the SALT Wyoming Blockchain Symposium, Lummis stated that there has been “not a single indication” that Harris would help the crypto industry.

In contrast, former President Donald Trump has shown clear support for the cryptocurrency sector, pledging to roll back regulations and create a more favorable climate for digital assets if re-elected. This stance has earned Trump the backing of prominent crypto figures like Cameron and Tyler Winklevoss.

The crypto community is split on Kamala Harris’ potential support for Bitcoin. While her campaign has signaled a willingness to support digital assets, there is still significant skepticism, especially from those who prefer less regulation. Ultimately, the crypto industry’s influence is set to be a major factor in the 2024 election.

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