US Vice President Kamala Harris Says She Will Encourage Cryptocurrency Investments: Report

The Sunday fundraiser in Manhattan raised $27 million.

Kamala Harris, the Democratic presidential candidate and US vice president, has pledged to support “innovative technologies” like cryptocurrency.

In her first public statement on digital assets, she promised to protect the interests of the sector.

Speaking at a Sunday fundraiser at Manhattan’s Cipriani Wall Street, Harris advocated for supporting AI and cryptocurrency with an emphasis on fostering innovation.

According to a Bloomberg report, Kamala Harris further pledged to unite labor, innovators, small business owners, and large corporations.

“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.”

Furthermore, Kamala Harris elaborated on her approach to managing regulations as part of her “opportunity economy” vision. She also stressed the need to establish uniform regulations and a “safe business environment.”

“We will invest in semiconductors, clean energy and other industries of the future, and we will cut needless bureaucracy,” she added.

According to the report, the Sunday fundraiser in Manhattan brought in $27 million. It was the biggest single-event total since Kamala Harris began her campaign, according to a campaign official.

Kamala Harris Crypto Support Widens

Early this month, crypto leaders organized a fundraiser to support Kamala Harris in a move to influence her crypto stance.

According to FiveThirtyEight data, Harris currently holds a narrow 2.9% lead over Trump in national polls. Since September, she has managed to secure the lead after President Joe Biden stepped down from the Presidential run.

The Sunday event, though heavily targeted at cutting high prices, her campaign also signalled Harris’ interests in crypto and in safeguarding the industry after several recent company collapses.

As reported earlier, hedge fund manager Anthony Scaramucci praised Kamala Harris’s approach to crypto policy. He said that Harris is on the right track on crypto, voicing optimism about her digital asset policies.