Yahya 
During a Wall Street conference, Kamala Harris promised in her first public speech on the US presidential campaign to support investment in digital assets and artificial intelligence (AI). On September 22 Harris remarked, “We will cooperate to invest in America’s competitiveness, to invest in America’s future. According to a Bloomberg article, while protecting our clients and investors, we will assist innovative technologies such digital assets and artificial intelligence.
Harris underlined her concept of a “safe business environment with consistent and clear rules of the road.” She underlined vital areas for investment like semiconductors, renewable energy, and other sectors vital to the future of the nation and promised to remove bureaucratic inefficiencies.
Harris is framing her campaign differently than her Democratic predecessor, President Joe Biden, whose strategy has occasionally been seen as bad for the sector as this is the first time she has openly addressed cryptocurrency. Harris’s comment marks a turning point in the campaign as Donald Trump, the Republican front-runner, actively targets the crypto industry.
Following the collapse of several cryptocurrency companies, Harris’s top campaign adviser, Brian Nelson, last month made hints implying she would back pro-crypto laws stressing the need of regulatory stability.
The policy chief for Coinbase Faryar Shirzad praised Harris’s comments as a “constructive statement.” Not as progressive as Trump’s pro-crypto policies, Shirzad pointed out the significance of recognizing digital asset innovation alongside artificial intelligence.
Other corporate leaders, such as Variant’s legal officer Jake Chervinsky and Paradigm’s Alexander Grieve, expressed cautious optimism while highlighting Harris’s remarks as forward. Chervinsky advised, meantime, that words like “protecting our consumers and investors” could be interpreted under the guise of regulation as acts negative for the sector.
Crypto has become a crucial campaign issue as companies like Coinbase, Ripple, and Gemini search power as the industry pumps millions of dollars into the next November election. While still in office, Trump has welcomed the business, promising to be a “crypto president” and to fire Gary Gensler, the SEC Chair whose agency has aggressively targeted crypto companies.
According to Five Thirty Eight data, Harris leads Trump by 2.9% in national polls as of September 22.
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