The post VP Harris’ Crypto Statement Encourages US Congressman appeared on BitcoinEthereumNews.com.

Recently, Vice President and Democratic nominee Kamala Harris disclosed her long-awaited stance on the crypto industry. Despite the criticism surrounding her seemingly “vague” approach, some politicians have felt “encouraged” about Bitcoin (BTC) and digital assets after the VP’s statements. VP Harris’ Crypto Statement “Encourages” US Congressman On Sunday, the US Vice President acknowledged the crypto industry for the first time since her campaign started. During her statement, Harris promised to invest in America’s competitiveness and future by encouraging innovative technologies like Artificial Intelligence (AI) and digital assets. Her comments sparked a discussion about her seemingly vague stance, which failed to detail how her government would boost these sectors. However, many concurred that her statement was a positive development for the industry and a good first step. Democratic Congressman Ro Khanna shared his thoughts on Harris’ crypto acknowledgment. The pro-crypto politician told Fox Business he was “encouraged” by the Democratic nominee’s recent comment. As reported by Eleanor Terrett, Khanna seemingly suggested that going against BTC or the crypto industry was a lost battle and compared it to fighting against smartphones or computers. He considers it a modern store of value that needs “smart regulation,” a stance he has previously shared. Look, you can’t be against Bitcoin or crypto. It’s like saying I’m against the iPhone or I’m against the laptop. It’s just a technology. Yes, we need smart regulation, but it’s a modern store of value in a modern payment system. It’s a modern version of gold for a lot of young people. Bitcoin is trading at $64,324 in the weekly chart. Source: BTCUSDT on TradingView IS Harris Stance Burdened By What Has Been? VP Harris also acknowledged the industry on Wednesday during a speech at The Economic Club of Pittsburgh. The presidential candidate vowed to keep the US dominance in…

---

Filed under: News - @ September 27, 2024 5:18 am