According to BlockBeats, on October 19, in order to win the support of black male voters, the campaign team of Democratic presidential candidate Harris released an outreach agenda this week, which included a promise to formulate cryptocurrency regulatory policies to protect black men who invest in digital assets.
It was the most specific statement yet from the current vice president, who has cut short her campaign since taking over for Biden in July and paid far less attention to cryptocurrencies than her Republican rival, former President Donald Trump.
Harrisâ campaignâs move this week drew mixed reactions. While some cryptocurrency investors and industry insiders praised Harrisâ tougher language on cryptocurrency regulation, others criticized the language for specifically targeting Black men.
âStudies show that more than a quarter of black Americans own cryptocurrency, compared to only about 15% of white people, so cryptocurrency is more likely to be accepted,â continued Dr. Emdad, director of Morgan State Universityâs Center for Blockchain and Financial Technology Research. âPeople have been waiting, and I think itâs a little late â but the announcement is necessary regardless.â