Harris said on Wednesday that under her leadership, the United States will "recommit" to maintaining global leadership in areas that will "define the next century," The Block reported, specifically mentioning the term blockchain.
Unlike Donald Trump, the Democratic presidential candidate has remained silent on cryptocurrencies during his campaign.
Vice President Kamala Harris said in a speech on Wednesday that under her leadership, the United States will "recommit" to global leadership in areas that will "define the next century," "maintaining dominance in artificial intelligence, quantum computing, blockchain, and other emerging technologies." Her comments came during a speech at the Economic Club of Pittsburgh.
The Democratic presidential candidate had been silent on cryptocurrencies on the campaign trail until last weekend, when she said artificial intelligence and cryptocurrencies are part of her vision for an “opportunity economy” at a Wall Street fundraiser in Manhattan.
“We will encourage innovative technologies like artificial intelligence and digital assets while protecting consumers and investors. We will create a safe business environment with consistent and transparent rules,” Harris said at the fundraiser, a message she reiterated in her 80-page economic plan.
While progress has been slow, it’s a reassuring sign for the crypto industry, which has so far mostly been favored by Republican candidate Donald Trump, who recently visited PubKey, a bitcoin-themed bar in New York City, and whose family’s World Liberty Financial project confirmed it would conduct a token sale.
VanEck analysts say the November election results could have mixed effects on cryptocurrencies.
“We believe that despite their bullish stance on Bitcoin, Kamala Harris and Donald Trump have different impacts on the broader digital asset market,” analysts wrote earlier this week. “Both administrations are likely to maintain fiscal spending or even accelerate it further, which could lead to further quantitative easing — especially if anti-business policies intensify.”
They noted that a Harris presidency could be more favorable for Bitcoin because it would “accelerate many of the structural issues that drive Bitcoin adoption.”
