On Sunday, Kamala Harris publicly promised to support innovation in artificial intelligence (AI) and Digital Assets (Crypto), if she is elected as the next US president. Plus, she plans to create a stable business environment with clear regulations.
“We will partner together to invest in America’s competitiveness, to invest in America’s future. We will encourage innovative technologies like AI and digital assets while protecting our consumers and investors,” said Harris, speaking at a Wall Street fundraiser in Manhattan, which was first noted by Bloomberg.
On the other hand, Vice President Joe Biden is still silent on digital assets, growing important in the 2024 US presidential election.
Kamala Harris publicly supports AI and crypto investment
Notable this is the first public endorsement of Kamala Harris of the sector as the digital assets crypto or AI. This latest acceptance set her different from the current policies under President Joe Biden.
Harris further added during her campaign their administration’s approach would be to establish a stable business environment with clear regulations, promoting sectors, and more.
In addition to this, her promises to motivate digital asset growth hint at a more welcoming direction to crypto composed of the current policies under President Joe Biden. Plus, she received positive comments from many industry members.
On this matter, Chip Policy Officer of Coinbase, Faryar Shirzad states that it is not the visionary position taken by Donald Trump, but it is still notable because:
- she recognizes digital asset innovation as being important and on par with AI;
- she understands that there’s a path that promotes innovation while protecting consumers and investors; and,
- her statement comes after weeks of outreach by her inner circle, who are thoughtful and open-minded on crypto.
Plus, Anthony Scaramucci said that “Kamala means Bitcoin in every language.”
In addition, Hayden Adams, CEO of Uniswap Lab also said that I believe this is her first time referencing crypto publicly and it is a positive way.
With this campaign statement, Harris chance to counter Donald Trump, who recently launched the new crypto platform called World Liberty Finance on September 16, 2024
Plus, Kamala has taken the lead in four of the six critical states including Wisconsin, Pennsylvania, Michigan, and Nevada, as per the recent data from Polymarket.
