The post Kamala Harris Courts AI, Crypto Industries During Fundraising Event in New York appeared on BitcoinEthereumNews.com.

U.S. Vice President Kamala Harris has promised to promote the growth of crypto if she wins the presidency, marking the first time the Democratic nominee has addressed the industry publicly on the campaign trail. Speaking to donors at a high-profile fundraiser in New York City on Sunday, Harris outlined her economic agenda, emphasizing innovation and job creation through emerging technologies, Bloomberg reported.  “I will bring together labor, small business founders and innovators, and major companies,” Harris reportedly said. “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.” Investors and executives in the crypto industry have become outsized players in the 2024 race, making significant political contributions in the hopes of reshaping the regulatory landscape. Her Republican opponent, former President Donald Trump, has also sought to attract support from the crypto industry, albeit much more aggressively. Trump has openly criticized current regulations, pledging to dismiss Securities and Exchange Commission Chairman Gary Gensler and roll out a framework for stablecoins. He has also vowed to broaden the U.S.’s leadership in crypto while pledging to defend Americans’ “right to mine Bitcoin.” On Sunday, Harris, meanwhile, offered broader economic proposals, including investments in sectors like semiconductors and clean energy, as part of her “opportunity economy” platform.  She vowed to streamline regulations and cut bureaucracy to create a business-friendly environment, per the report. “We still don’t know yet how Harris would approach crypto,” Oliver Linch, CEO of Bittrex Global and head of future markets unit for the Adam Smith Institute—a U.K.-based policy think tank—told Decrypt. “As we get closer to election day, the assumption has to be that Harris will broadly continue the policies of the current administration. I think it’s highly unlikely she’ll…

---

Filed under: News - @ September 23, 2024 7:18 pm