Democratic presidential candidate Kamala Harris announced her support for digital assets and artificial intelligence during a fundraising event in Wall Street. Harris emphasized that such innovative technologies can flourish by protecting both investors and consumers. This statement marks Harris's first positive commentary regarding cryptocurrencies, drawing significant attention.
Haydan Adams Supports Harris's Statements
Haydan Adams, the founder and CEO of the Uniswap protocol, responded to Harrisâ comments on social media. He remarked, âKamala Harris mentioned digital assets, which I believe is her first positive statement about cryptocurrency.â Adams noted that some members of the cryptocurrency community criticized Harris's remarks. However, he believes that given the Biden administration's negative stance on cryptocurrencies, Harris's statement indicates progress.
While commenting on this issue, Adams expressed that progress in the cryptocurrency sector must start somewhere and that positive statements should be encouraged. He also stated that there had been no significant positive comments regarding these technologies during the Biden and Trump administrations. Therefore, he views Harris's positive remarks about digital assets as an important step forward.
Commitment to Protect Investors and Consumers
In her speech, Harris underlined that the development of digital assets and artificial intelligence should be coupled with the protection of consumers and investors. This emphasis is particularly significant as it touches on regulatory and security issues frequently raised in the cryptocurrency world. Harris's balanced approach is seen as an indication that regulations in the cryptocurrency market are inevitable.
As the election day on November 5 approaches, Harris breaking her silence on digital assets and artificial intelligence positively impacted the cryptocurrency market.
Bitcoin (BTC), the largest cryptocurrency, briefly surged to $64,600 early today, while Ethereum (ETH), the king of altcoins, rose above the $2,600 threshold.
