The post Kamala Harris Pledges Crypto Investment Surge, Positioning Against Senator Warren’s Anti-Crypto Stance appeared on BitcoinEthereumNews.com.

During a Manhattan fundraiser, Kamala Harris promised to increase investments in the crypto industry if elected. Nate Geraci, President of ETF Store, expressed that empty promises from Harris won’t drive real change. Harris’ pro-crypto remarks have set her in opposition to Senator Warren, a staunch crypto critic. Kamala Harris affirms her support for the crypto industry, promising increased investments and regulations designed to foster innovation if elected. Kamala Harris Vows to Boost Crypto Investments During a recent fundraiser at Cipriani Wall Street in Manhattan, US Presidential nominee Kamala Harris made her first notable pro-crypto statement of the election campaign. On Sunday, September 22, Harris promised to ramp up investments in artificial intelligence and the cryptocurrency sector if she secures the White House. She emphasized that her economic agenda will not only drive innovation but also focus on balanced regulations to protect both investors and consumers. Harris said: “I will bring together labor, small business founders, innovators, and major companies. We will partner to invest in America’s competitiveness and future. We will encourage innovative technologies like AI and digital assets while protecting our consumers and investors.” Reactions and Skepticism in the Crypto Community Despite her promising rhetoric, Harris has faced criticism from key crypto industry figures for her previous inaction. Nate Geraci, President of ETF Store, criticized Harris for what he termed “empty promises,” asserting that substantive actions are needed rather than mere words. He tweeted, “Actions on digital assets…not words. Could take positive actions right now.” This skepticism comes even as Harris garners support from major crypto advocates like Anthony Scaramucci. Political Clash: Harris vs. Senator Warren Harris’ support for the crypto industry places her in direct opposition to Massachusetts Senator Elizabeth Warren, a vocal critic of cryptocurrency. Warren has consistently targeted crypto-friendly institutions and is seen as a central…

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Filed under: News - @ September 23, 2024 4:19 am