💥💥 Kamala Harris Falls Short on Crypto Policy During Pennsylvania Campaign 🙆🙆

On Monday, U.S. Vice President and Democratic presidential candidate Kamala Harris campaigned in Pennsylvania, with many expecting her to unveil her stance on cryptocurrency regulation. Pre-speech materials indicated that Harris planned to support a regulatory framework for digital assets. However, to the disappointment of many, her speech focused solely on promoting an "opportunity economy" without directly addressing cryptocurrencies or blockchain technology.

Harris’ Missed Opportunity to Engage the Crypto Community

Earlier in the day, Harris’ campaign revealed a broad opportunity economy agenda, with a nod toward policy on digital assets. Yet, her speech fell short of delivering any concrete details about cryptocurrency or blockchain—terms she had referenced in the past. Instead, she emphasized a future where everyone can "compete and have a real opportunity not just to make ends meet, but to save money."

The lack of a substantive mention of cryptocurrency regulation left many in the crypto space feeling let down.

Aiming to Appeal to African-American Voters

According to a campaign press release, Harris' opportunity economy plan seeks to expand her support among African-American men. The statement noted that over 20% of African Americans currently own or have owned cryptocurrency. Her plan, it claimed, would provide a regulatory framework that protects these investors and ensures they benefit from digital assets.

The release reiterated that Harris recognizes the potential of new technologies, including blockchain, to broaden access to financial services. However, this policy framework was not elaborated upon in her Pennsylvania speech, raising concerns about the campaign’s commitment to meaningful engagement with the cryptocurrency community.

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