Kamala Harris pledges support for cryptocurrencies and Artificial Intelligence

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Kamala Harris pledges support for cryptocurrencies and Artificial Intelligence
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Kamala Harris, the current vice president of the United States and Democratic presidential candidate, has said that if she is elected in November, she will support the cryptocurrency industry and artificial intelligence (AI). At a recent fundraising event in New York, Harris outlined her economic vision, highlighting encouraging technological innovation as one of her priorities.

During the meeting, Harris pledged to work with a variety of groups, from small businesses to large corporations and labor groups. According to the candidate, the goal is to strengthen U.S. competitiveness through advancements in areas such as AI and cryptocurrencies.

According to Kamala Harris, the idea is to create an economy of opportunities, investing in the country’s technological future.

“We will encourage innovative technologies like AI and cryptocurrencies. At the same time, we will protect consumers and investors,” he said.

Kamala Harris says she will support cryptocurrencies

One of Harris’s promises was to create a safe regulatory environment with clear and consistent rules for these rapidly developing industries. This commitment seeks to respond to demands from various economic sectors for more clarity in the rules governing the use and implementation of new technologies, especially in the field of cryptocurrencies, which has faced regulatory uncertainty in recent years.

This is the first time Harris has spoken publicly about the issue of cryptocurrencies since winning the Democratic nomination. Prior to her statement, the candidate’s silence on the issue had raised concerns among some industry supporters.

The crypto community feared that his policies would follow the lead of the current Biden administration. The lack of a clear position had drawn some crypto enthusiasts to his Republican rival, former President Donald Trump.

In terms of its impact on Bitcoin, analysts at VanEck suggest that a Harris-led administration could benefit cryptocurrencies. In a recent report, they noted that her leadership could accelerate Bitcoin adoption. After all, her administration could address structural issues by creating a more defined regulatory environment.

“We believe a Kamala Harris presidency could be more favorable to Bitcoin than a second Trump term,” the analysts noted.

However, Harris’s crypto trajectory could face challenges. If she aligns herself with figures such as industry critic Senator Elizabeth Warren or keeps Gary Gensler as SEC leader, the industry could face regulatory hurdles.

Kamala Harris pledges support for cryptocurrencies and Artificial Intelligence

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Kamala Harris pledges support for cryptocurrencies and Artificial Intelligence

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Kamala Harris pledges support for cryptocurrencies and Artificial Intelligence

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