Brian Nelson, a key policy adviser to Vice President Kamala Harris, shared with reporters on Wednesday 28 August, that Harris is set to endorse initiatives that will support the growth of the cryptocurrency sector, as reported by Bloomberg.
Mr Nelson is literally quoted saying âSheâs committed to backing policies that will allow emerging technologies and industries like crypto to thrive,â
This was the first time Harris's team publicly addressed her stance on digital assets, following a previous roundtable with notable figures in the crypto world who expressed concerns about a Biden-Harris administration perceived as unfriendly to the industry.
While Harris has not yet made any public comments regarding digital assets, the Democratic Party's platform proposal did not include any references to crypto. Despite ongoing speculation, Harris has appointed three advisers who are viewed as critical of the sector, including Brian Deese, a former director of President Bidenâs National Economic Council, who has previously highlighted the risks associated with digital assets.
In contrast, former President Donald Trump has fully embraced cryptocurrency. In July, he delivered a keynote address at Bitcoin Nashville, where he vowed to transform the US into the âcrypto capital of the world.â Recently, Trump announced his plans to launch a new crypto platform called "The DeFiant Ones," which aims to create a digital real estate marketplace that could tokenize real-world assets or offer digital versions of assets in the metaverse.