Kamala Harris Aide Says She Backs Crypto Growth

 
Ritu Lavania
Written By 
Ritu Lavania
August 22, 2024

Vice President Kamala Harris will policies to expand the crypto industry, a close policy aide has revealed.

When asked on Harris’s efforts to involve the crypto community during a Bloomberg News roundtable at the Democratic National Convention on Wednesday, Brian Nelson, senior campaign adviser for policy to the campaign, said “She’s going to policies that ensure that emerging technologies and that sort of industry can continue to grow. ”

Crypto industry experts have shown online to former President Donald Trump, after Trump openly expressed positive views on crypto and specifically on Bitcoin. From a campaign of ‘Made in USA’ stamp on remaining Bitcoins that are mined in the USA, to speaking at the Bitcoin Conference in Nashville, Trump has consciously recognized opportunities to garner from the crypto industry. Trump has also maintained that he wants decreasing regulations on the crypto industry and the US must embrace the industry in case of China’s growing lead.

Trump’s personal financial disclosure also revealed that he holds $1 Million in crypto and has even earned millions from trading NFTs.

Kamala Harris’s team, on the other hand, says that they are still interested in bringing safeguards on the industry, especially after the industry witnessed collapses of various high-end firms.

Referring to the recent Harris ‘s speech on her economic policy, Nelson stated , “Obviously, they’ve expressed that one of the things they need are stable rules- rules of the road.”

Also Read: Kamala Harris Engages with Crypto Industry to Counter Trump’s Promises

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Ritu Lavania
Written by Ritu Lavania

Ritu Lavania is a versatile Web3 content creator with over three years of experience in the crypto space. She is part of the team at CryptoNewsZ, where she writes insightful and engaging content. She has also contributed to TheCryptoTimes and The Coin Edition, where her work has been well received by the crypto community. Skilled in research, creative writing, SEO, and cross-functional collaboration, she creates content tailored to diverse audiences. ionate about education, she dedicates time to teaching kids and expressing herself through poetry. Always eager to learn, she continuously explores new trends in blockchain and digital assets. She believes in the power of storytelling to make complex crypto topics more accessible and engaging for readers worldwide.