Where Do Kamala Harris and Donald Trump Stand on Crypto?
As the 2024 U.S. presidential election approaches, cryptocurrency is becoming a focal point in the race between Donald Trump and Kamala Harris. Trump has shifted from his earlier skepticism to becoming a vocal supporter of crypto, promoting various digital assets and calling for the Americanization of Bitcoin. He opposes current regulatory stances, particularly targeting SEC Chairman Gary Gensler. Meanwhile, Harris, initially quiet on crypto, has expressed intentions to foster a supportive regulatory framework that includes protections for all investors, particularly emphasizing the African American community. She aims to encourage innovation in blockchain and related technologies. Notably, her campaign has shown openness to the crypto space compared to the Biden administration. Both candidates reflect different visions for the future of cryptocurrency in the U.S., shaping the landscape depending on the election outcome.
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