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U.S. Vice President Kamala Harris has pledged to advocate for the expansion of the cryptocurrency industry should she attain the presidency, marking her first public endorsement of the sector on the campaign trail. At a high-profile fundraiser in New York City, Harris laid out her economic plans, stressing the importance of innovation and job creation through cutting-edge technologies. Harris stated, “We will collaborate with labor, small business owners, and global corporations to invest in America’s competitiveness and future. We will champion technologies like AI and digital assets, while safeguarding our consumers and investors.” U.S. Vice President Kamala Harris advocates for crypto growth, emphasizing innovation and job creation while ensuring consumer protection. Read more for a detailed account of her campaign promises. Harris’ Commitment to Technological Innovation and Job Creation During a notable event in New York City, Harris outlined her vision for economic progress, centering on the integration of new technologies to propel job growth. Highlighting the critical role of innovation, she emphasized the synergy between labor forces, small business founders, and major corporations as the bedrock of future economic policies. Harris’ agenda includes ambitious plans to foster technological advancements, indicating a strategic move to nurture a business ecosystem conducive to crypto and other digital assets. Response from the Financial Sector and Crypto Industry The crypto community has been increasingly influential in the upcoming 2024 election. Investors and executives from the crypto sector are contributing significantly to political campaigns, with the aim of influencing regulatory reform. Harris’ statements have been met with cautious optimism from industry stakeholders, eager to see how her policies might translate into concrete regulatory frameworks. As noted by Oliver Linch, CEO of Bittrex Global, the industry remains watchful, speculating that Harris might align with existing regulatory strategies while fostering an environment for technological growth. Comparative Stance:…

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Filed under: News - @ September 23, 2024 12:49 am