What do Kamala Harris and Donald Trump think about cryptocurrencies?

Cryptocurrencies have become a major issue in the presidential race, with former President and Republican candidate Donald Trump shifting from a skeptic to a self-proclaimed pro-crypto candidate, while current Vice President Kamala Harris — who took over from Joe Biden as the Democratic nominee in July — has signaled her intention to move away from the anti-crypto policies of the current administration she serves in.

Donald Trump

Former President Donald Trump has been far more vocal than Harris on the topic of cryptocurrencies.

Previously anti-Bitcoin and a skeptic of the industry, the businessman and real estate mogul has made a sharp shift on the issue, coming out as a champion of the industry and gaining widespread support and donations along the way.

His pledge to support Bitcoin mining — a big business previously dominated by China but with many American players now — fits right in with Trump’s protectionist brand. The same goes for her desire to fire Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), who is seen as a “crypto-hater.”

Kamala Harris

Democratic candidate Kamala Harris has initially been tight-lipped on the topic and, unlike Trump, certainly wasn’t seen at a BTC-themed New York bar handing out burgers to Bitcoin supporters.

But crypto is very much on the former attorney general’s agenda.

In October, Harris mentioned plans for the sector as part of her platform, which includes a specific commitment to the African-American community. A campaign document said the goal was to “support a regulatory framework for cryptocurrencies and other digital assets so that Black men who invest in and hold these assets are protected.”

This approach was controversial, especially as it was her most specific comment yet on cryptocurrencies.

Source: Portaldo bitcoin