Kamala Harris’ Open Support for Crypto & AI, But Stirs Investor Protection Debate

  • Kamala Harris’ recent statement on crypto has sparked both praise and criticism.

  • Jake Chervinsky says that consumer protection may be a disguise to harm the industry.

  • Coinbase’s Faryar Shirzad and Paradigm’s Alexander Grieve address it as a positive development.

Presidential candidate Kamala Harris’ latest remarks on the crypto sector have sparked diverse reactions from the crypto community, drawing both praise and skepticism.

Breaking her silence on crypto, Harris pledged to support emerging technologies like AI and cryptocurrency, while prioritizing consumer and investor protection.

However, crypto advocate Jake Chervinsky remains critical of Harris’ approach, citing concerns over the vagueness of her promised “progress.”

This is progress and progress is good…

…but “while protecting our consumers and investors” could mean a lot of things.

The anti-crypto army uses “consumer protection” as a smoke screen to conceal their attempts to destroy our industry.

I, for one, want to see policy details. https://t.co/Zc1aUdOYzl

— Jake Chervinsky (@jchervinsky) September 22, 2024

Harris Envisions a Future for Crypto in America

Bloomberg…

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