Kamala Harris Says The U.S. Should Stay “Dominant” In Blockchain Technology

Blockchain Election Kamala Harris

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Julia Smith

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Julia Smith

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Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

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September 26, 2024

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Democratic nominee Kamala Harris told crowds at a September 25 campaign stop in Pittsburgh that if elected president, she would “encourage” emerging technologies like digital assets over her opponent, Donald Trump.

Kamala Harris Talks Blockchain Technology At Pennsylvania Event

Speaking to attendees of The Economic Club of Pittsburgh event, Harris doubled down on pushing her innovation-driven agenda, explicitly mentioning blockchain technology.

“We will invest in biomanufacturing and aerospace, remain dominant in AI and quantum computing, blockchain, and other emerging technologies, and expand our lead in clean energy innovation and manufacturing,” she said.

The former top prosecutor also seemingly hinted at enforcing crypto-friendly regulation despite staying mum on specific details after details of releasing her economic plan on Wednesday.

“We will encourage innovative technologies like AI and digital assets while protecting consumers and investors,” Harris continued. “We will create a safe business environment with consistent and transparent rules of the road.”

Donald Trump Rallies Ahead Of Presidential Election

Harris’s comments come at a crucial point in the election cycle, with recent polls showing a narrowing gap between the current U.S. vice president and Trump.

While Trump has largely been seen as the pro-crypto candidate, Harris has slowly garnered backing from important figures in the blockchain sector – including long-time digital asset investor and billionaire businessman Mark Cuban, who also attended Wednesday’s event at Carnegie Mellon University.

Meanwhile, Trump hit the campaign trail on Wednesday, speaking at a rally in Mint Hall, North Carolina—a major battleground state this November.

Trump, who recently launched his family’s novel crypto platform, World Liberty Financial, has promised to enact pro-crypto policy and fire current United States Securities and Exchange Commission (SEC) Chair Gary Gensler if he makes it to the Oval Office come November.

The SEC has long been a polarizing force in crypto politics—thanks largely to its stringent regulation-by-enforcement approach to the blockchain sector as a whole—and Trump has demonized it for investigating American digital asset entrepreneurs.

“If for some reason bad, bad things happen and we don’t win the election, those people that were under investigation and that are free as a bird right now, people that were being looked at in the crypto world, they will be living in hell because it will start the day after the election if they win,” he said.