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Kamala Harris front gave green light: First statement on crypto

The first sign of crypto came from the Kamala Harris front. The campaign's policy adviser, Brian Nelson, said Harris would support measures to help the crypto industry grow.

Kamala Harris' policy adviser has announced that the presidential candidate will support measures to help the cryptocurrency sector grow.

Asked about Harris' attempts to engage with the crypto community, Brian Nelson, the campaign's senior policy advisor, said, “It will support policies that will ensure emerging technologies and such industries continue to grow.”

According to Bloomberg, Nelson talked about their meetings with industry representatives in the continuation of his words. “They said it was one of the issues they needed to be consistent with the rules,” Nelson said, pointing to Harris' speech last week, which laid out the essentials of economic policy.

In his speech, Harris promised that he would focus on reducing unnecessary bureaucracy and unnecessary bureauctratic regulations when not specifically mentioning cryptocurrencies, and promoting innovative technologies while protecting consumers.

Harris' rival, Donald Trump, fully embraced cryptocurrencies. When Trump takes office, he said he would loosen his crypto regulations, fire SEC chairman Gary Gensler, and make the U.S. a “Bitcoin superpower.”

On the other hand, crypto companies have created $250 million in funds to support pro-crypto policying names. So far, $119 million has been spent. Crypto companies' spending is reportedly in second place among election spending. #Laraxenteam #laraxen #LaraxenFamily