Kamala Harris May Support Bitcoin

YEREVAN (CoinChapter.com) — Kamala Harris may support the growth of digital assets, including Bitcoin, according to recent statements from her campaign. In a recent announcement, it was reported that Harris plans to “back measures to help grow” Bitcoin and other digital assets in the United States, according to Bloomberg.

Harris Backs Bitcoin Growth Measures (Source: @BTC_Archive
Harris Backs Bitcoin Growth Measures. Source: @BTC_Archive

Kamala Harris Eyes Bitcoin Support in Push for Tech Growth

Brian Nelson, a senior adviser to Harris’ campaign, confirmed that the Vice President plans to support policies for emerging technologies like cryptocurrencies. During a Bloomberg News roundtable, Nelson highlighted Harris’ commitment to creating a stable regulatory environment. These measures aim to help the cryptocurrency industry grow effectively.

“She’s going to support policies that ensure that emerging technologies and that sort of industry can continue to grow,”

Nelson said.

 Kamala Harris Supports Bitcoin Growth (Source: @vikdag9
Kamala Harris Supports Bitcoin Growth. Source: @vikdag9

Harris’ broader economic agenda includes reducing unnecessary regulatory barriers, with an emphasis on fostering business growth. While she did not specifically mention Bitcoin in a recent speech, her team has indicated a potential shift toward supporting digital assets within the Democratic Party, emphasizing stability and consumer protection.

Crypto Community Remains Divided Over Harris’ BTC Stance

Despite these signals, skepticism exists within the cryptocurrency community. Senator Cynthia Lummis, a known Bitcoin advocate, expressed doubts about Harris’ commitment to supporting Bitcoin. Lummis stated during the SALT Wyoming Blockchain Symposium that there has been “not a single indication” that Harris would benefit the crypto industry.

In contrast, former President Donald Trump has clearly supported the cryptocurrency sector, promising to roll back regulations and create a more favorable environment for digital assets if re-elected. This stance has won Trump the backing of prominent crypto figures like Cameron and Tyler Winklevoss.

The crypto community is divided over Kamala Harris’ potential support for Bitcoin. While her campaign has suggested a willingness to support digital assets, there is still significant skepticism, particularly from those who prefer less regulation. Above all, as the 2024 election approaches, the crypto industry’s influence could play a key role in shaping the outcome.

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