Kamala Harris Leaves Out Crypto Details Despite 20% Black American Ownership, Leaving Them Disappointed

On Monday evening, Vice President Kamala Harris spoke on her “opportunity agenda” during a campaign event in Erie, Pennsylvania.

Although her earlier campaign introduced a broad outline of her policy, which hinted at her first notable position on cryptocurrencies, Harris did not elaborate on what this would mean for digital assets.

The lack of specific details disappointed those hoping for more insights into her stance on the crypto industry.

Kamala Harris Leaves Out Crypto Details

Harris’s speech largely focused on building a better economic future, but there was no mention of key terms like “blockchain” or “digital assets,” which she had briefly referenced in previous talks. Instead, she emphasized a vision of an “opportunity economy” where everyone has a fair chance to succeed. 

“We will build a future where we have what I call an opportunity economy, where everyone can compete and have a real chance to not just get by but to get ahead,” Harris said during her speech.

Her campaign stated earlier in the day that the “opportunity agenda” is intended to garner support, especially from Black men. A press release from the Harris campaign states that more than 20% of Black Americans have owned or are currently in possession of cryptocurrencies. 

The Vice President intends to guarantee that digital asset owner Brown males in particular benefit from a regulatory framework that safeguards them as players in this developing sector, the statement stressed.

She did not, however, highlight any particular policy initiatives or suggestions during her speech in Erie.

An attached document released by the campaign gave similar sentiments, stressing Harris’ acknowledgement of the potential for new technologies to improve access to banking and financial services.

It reiterated that her plans include implementing regulatory structures to protect those investing in digital assets.

Donald Trump Playing the Crypto Card Hard

Former President Donald Trump has been more outspoken and energetic in his support of the cryptocurrency business, in contrast to Harris’ scant attention to the subject. He has addressed the cryptocurrency community in several public remarks, pledging to select regulators who will support the sector. 

Trump promised to establish a “bitcoin and crypto advisory council” if re-elected at Bitcoin Nashville, a significant cryptocurrency conference. Trump even went to a Bitcoin-themed bar in New York City called PubKey last month, where he publicly demonstrated using Bitcoin to pay for hamburgers with the assistance of the staff.

The differences between the two politicians’ engagement with the crypto space reflect their broader campaign strategies. While Harris appears to tread cautiously when discussing digital assets, Trump has made a more explicit appeal to the crypto industry, seeking to align himself with voters who are enthusiastic about decentralized finance and blockchain technology.

Many surveys have looked into voters’ interest in cryptocurrency. According to a survey by the significant cryptocurrency asset management company Grayscale, 77% of probable voters believe that candidates should be knowledgeable about cryptocurrencies.

Furthermore, 21% of respondents said they owned digital currency of some kind, underscoring the growing significance of cryptocurrencies in political discourse.

Harris hasn’t gone into great detail about her position on digital assets just yet, but the subject will probably remain on the political agenda because of the rising desire for regulatory clarification and the popularity of cryptocurrencies.

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