- Kamala Harris has promised to foster growth in the AI and cryptocurrency sectors
- She has focused on advancing innovation while safeguarding consumers and investors
- Harris has addressed Democratic donors in New York City, outlining her economic agenda
Vice President Kamala Harris yesterday outlined her commitment to bolstering investment in both AI and digital asset industries at a recent fundraising event in New York. During her talk, Harris emphasized the balance between promoting innovation and establishing consumer protections, a critical aspect of her broader economic vision. Harris’s proposals come after a concerted effort from her opponent for the premiership, Donald Trump, to court the crypto community.
AI and Crypto Highlighted
Harris has been actively campaigning in key fundraising locations in recent weeks, with significant support from donors in industries like Wall Street and Silicon Valley. At the New York event, she reinforced her plans to grow cutting-edge industries, including AI and crypto, with a focus on regulations that safeguard users. This aligns with her administration’s broader push to embrace technological advancements while maintaining oversight.
Highlighting her plans, Harris said, “We have a responsibility to advance the future while ensuring safety for all citizens engaging in these new technologies.” Her remarks came as part of a wider effort to present herself as a candidate who embraces both innovation and regulation.
Damage May Have Already Been Done
Harris’ plans were commented on by big players in the crypto space, including Uniswap CEO Hayden Adams:
🦄 Kamala just said she will encourage innovative technologies like DIGITAL ASSETS
I believe this is her first time referencing crypto publicly and it’s in a positive way https://t.co/NLdDcYZira
— Hayden Adams 🦄 (@haydenzadams) September 22, 2024
New York has been a focal point for Harris’s fundraising efforts, as she prepares for the upcoming election. The backing from key figures in the tech industry is a clear indication of the importance placed on her policy toward AI and crypto expansion.
Harris’ more positive outlook on digital assets won’t change the views of many who see the Biden administration as being the most damaging administration for the crypto there has yet been, with Donald Trump offering a brighter future, at least in their minds.
