US Vice President Kamala Harris, the future Democratic Party US presidential candidate, pledged to come forward to secure protection for investments channeled into new technologies like cryptocurrencies. In remarks at a fundraiser in Manhattan, she discussed her efforts to safeguard the interests of the crypto industry in protecting its digital assets.
In the Cipriani Wall Street event, Harris was speaking where the historic record of raising US$27 million was made, and she stated that innovation should be pushed in the realms of crypto and AI.
Harris also spoke of the need for a stable regulatory environment. Her policy will be to create a "safe business environment." Consistent rules applied towards further innovation are exactly what this implies. "We will invest in semiconductors, clean energy, and other industries of the future, and we will cut needless bureaucracy," she added.
This is the latest fundraising after crypto leaders recently threw their weight behind Harris in a move that appears to be nudging her to swing favorably toward digital assets. FiveThirtyEight data shows Harris leads Donald Trump by 2.9% in national polls, a good place after President Joe Biden ended his presidential ambition.
The event on Sunday focused on solutions to the problems of the economy, and it conveyed Harris’s intent to protect the crypto sector from recent company collapses. Kamala Harris found an honest crypto manager in Anthony Scaramucci, who said now he feels much more hopeful about her policies in this area.
1. Kamala Harris bases herself on an innovation stimulus for crypto and AI.
2. A fundraiser in Manhattan netted US$27 million and became the biggest single event haul of Harris’s campaign.
3. This highlights the significant contribution a stable regulatory environment for digital assets plays.