what happen?
U.S. presidential candidate Kamala Harris spoke publicly about cryptocurrency for the first time during her campaign. It was also her first public statement on cryptocurrency since becoming the Democratic presidential candidate.
Harris stressed that in the future she will promote innovative technologies such as artificial intelligence (AI) and digital assets, and promised to create a safe and transparent business environment.
This statement is of great significance to the Web3 industry, because He Jinli has always remained silent on cryptocurrency policy. At the same time, Harris's opponent in the election, Donald Trump, is actively seeking recognition and support from the industry.
Cryptocurrency policy becomes a concern for voters
As the election campaign heats up, Harris and Trump’s cryptocurrency policies have become one of the important issues in this U.S. presidential election.
Trump made it clear early in the campaign that he would promote cryptocurrency-related policies after being elected, and promised that after taking office, he would fire Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), who has carried out many high-profile enforcement actions. (Gary Gensler).
However, He Jinli has never publicly expressed her views on cryptocurrency. It was not until recently at a fundraising event that people in the cryptocurrency industry finally saw her change in attitude towards this field.
According to Bloomberg, Harris said that in the future she will promote innovative technologies such as artificial intelligence (AI) and digital assets, and promised to create a safe and transparent business environment.
Faryar Shirzad, the policy director of Coinbase, the largest exchange in the United States, also posted on social media So specific and forward-looking, but still worthy of attention because she acknowledges that digital assets are as important as AI.
Will there be no big changes in encryption policy before the election? Industry insiders look forward to future details
However, Harris only made a preliminary statement on her stance on cryptocurrency.
According to foreign media "coindesk", insiders in the campaign revealed that her team's discussions with the cryptocurrency industry have not yet formed a specific policy framework.
Although she stated that she would "encourage innovative technologies" and "protect consumers and investors," the specific meaning of these words is somewhat ambiguous and remains to be further clarified. Some leaders in the cryptocurrency industry, such as Jake Chervinsky, legal director of cryptocurrency venture capital firm Variant, have expressed reservations about this, believing that "consumer protection" may become a major factor in anti-crypto development in the future. Excuse.
However, according to foreign media reports, Harris' campaign team is currently maintaining close dialogue with encryption companies such as Coinbase and Ripple Labs.
Coinbase General Counsel Paul Grewal said he was encouraged by the response from Harris' team, noting that the team's understanding of the needs of the crypto industry is growing. However, Griveau also warned that Harris' team may not come up with a specific cryptocurrency policy before the election. "Sometimes things take longer than we think to complete."
In contrast, Trump’s stance is more clear. He publicly supports cryptocurrency and promises that the United States will become a “global cryptocurrency center.” He has launched 4 non-fungible token (NFT) series and supports the family’s crypto platform. Trump’s aggressive strategy is clearly aimed at attracting more cryptocurrency voters, especially among U.S. cryptocurrency companies, including Coinbase, Ripple and Gemini.
References: cointelegraph, coindesk
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