In a notable moment for the cryptocurrency industry, U.S. Vice President Kamala Harris made her first public statement on digital assets during her presidential campaign. Speaking at a Wall Street fundraiser, Harris expressed support for emerging technologies like artificial intelligence and digital assets, while emphasizing the importance of consumer protections. She pledged to create a "safe business environment" with clear and consistent regulations, aiming to encourage innovation while ensuring investor safety.
This marks Harris's first public comment on cryptocurrency since becoming the Democratic frontrunner. While some in the industry are speculating whether she will adopt a more favorable stance than President Biden, her remarks have generated widespread reactions within the crypto community. Coinbaseâs policy chief, Faryar Shirzad, welcomed her acknowledgment of digital assets, though he noted her position isn't as assertive as Donald Trump's. Industry leaders from firms like Paradigm and Variant see her statement as progress but are eager for more detailed policy plans on balancing consumer protection with innovation.
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