Kamala Harris Unveils Policy Positions, Excludes Stance On Crypto

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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 10, 2024 13:25 EDT

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Democratic nominee Kamala Harris unveiled her policy positions via a new “issues” page on her website on September 10 ahead of the 2024 U.S. presidential election. However, no mention was made of digital assets or crypto regulations.

Kamala Harris Reveals Policies, Crypto Regulations Excluded

According to the updated website, Harris plans to build on current President Joe Biden’s administration’s “progress” across sectors of industry and innovation “to ensure American industries and workers thrive.”

“Vice President Harris will continue to support American leadership in semiconductors, clean energy, AI, and other cutting-edge industries of the future,” Harris’ policy page continues.

However, the new “issues” web page fails to provide any details regarding the former top prosecutor’s stance on the blockchain sector.

Harris’s newly posted policy positions come ahead of her highly anticipated debate with Republican nominee Donald Trump on Tuesday night.

Harris’ momentum has reportedly slowed after a dramatic boost in popularity following Biden’s withdrawal from the U.S. 2024 presidential race in July, with voters looking to learn more about the new Democratic nominee.

According to reports, the debate might be one of the top watched ever, with Polymarket betters predicting viewership to surpass 75 million.

Trump Embraces Crypto Ahead Of 2024 Presidential Election

The current U.S. vice president has stayed relatively mum about her stance on digital assets. Her affiliation with the pro-regulatory Biden administration may negatively impact her perception with some members of the crypto industry.

However, reports have emerged that Harris may be increasingly open to embracing the world of digital assets, with Coinbase CLO Paul Grewal telling CNBC last week that he was “encouraged” by her campaign’s approach.

“We’ve been encouraged even as the current administration under Gary Gensler continues with its campaign of regulation-by-enforcement, the Harris campaign – which of course stands separate from the administration – has reached out, has expressed interest, and has begun discussions to what a new approach to crypto and digital assets could look like,” Grewal said.

Meanwhile, Trump has openly showcased his warmth for the crypto sector on the campaign trail despite previously holding a negative view of cryptocurrencies.

Most recently, the former reality television star endorsed his sons’ upcoming digital asset platform, World Liberty Financial.

However, the nascent crypto project has already been victim to several hacks and impersonation scams, which may make it vulnerable ahead of its release.

Harris and Trump are set to debate live from Philadelphia on ABC News tonight at 8 p.m.