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Gulf Press > Gulf News > Kamala Harris considering adopting pro-crypto position, says Vivek
Gulf News

Kamala Harris considering adopting pro-crypto position, says Vivek

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Last updated: 2024/08/14 at 6:47 PM
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In a recent interview on CNBC’s Squawk Box, former U.S. presidential candidate Vivek Ramaswamy discussed Kamala Harris’s potential adoption of crypto-friendly rhetoric in preparation for the upcoming 2024 U.S. presidential election in November. Ramaswamy suggested that Harris may embrace cryptocurrency as an industry to compete for votes, following in the footsteps of Republican nominee Donald Trump, who made headlines with his speech at the Bitcoin Conference 2024 in Nashville. Ramaswamy emphasized the importance of Harris offering a detailed stance on issues affecting the crypto community, rather than simply using vague language to appeal to voters.

As the 2024 U.S. presidential election heats up, with both leading candidates vying for support, Harris’s stance on digital assets remains a topic of interest. While Trump has openly praised the blockchain sector, Harris has yet to clarify her position on cryptocurrencies. Some critics within the crypto community believe that her affiliation with the Biden administration’s regulatory approach to digital finance may hinder her ability to attract voters. In response, a Democratic advocacy group called “Crypto4Harris” has emerged, aiming to garner support for Harris among the crypto community.

With Harris currently holding a slight lead over Trump, she faces the challenge of appealing to a broader range of voters in order to secure a victory in the election. The Crypto4Harris group, which includes prominent figures like Mark Cuban, Anthony Scaramucci, and various U.S. lawmakers, is hosting a town hall event to showcase support for Harris and her potential digital asset policies. As the election approaches, Harris may need to provide a clear and comprehensive stance on issues such as self-custody of assets and the leadership of regulatory bodies like the SEC in order to win over voters who prioritize crypto-friendly policies.

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