FxNews—Today, during a speech in Erie, Pennsylvania, U.S. Vice President Kamala Harris will support establishing rules for cryptocurrencies and other digital financial tools. Her campaign team announced this this morning.
Harris’s speech will outline her “Opportunity Agenda,” which aims to gain more backing from Black male voters. The details of her plans for the digital asset sector are not specified, but they are expected to be a significant part of her agenda.
Empowering Black Americans through Cryptocurrency
The campaign highlighted that over 20% of Black Americans have invested in or owned digital currencies. Vice President Harris is focused on ensuring that these investors, particularly Black men, benefit from structured regulations protecting their interests in the digital market.
Harris Advocates for Tech-Driven Financial Access
A document accompanying the announcement shares that Harris’s agenda builds on her extensive career experience. It stresses her belief in the potential of new technologies to expand access to banking and financial services and reiterates her commitment to a regulatory framework.
As of this writing, Bitcoin surpassed the $64,450 resistance, closing the gap to the September 27 high at $66,500. The Awesome oscillator histogram is green and above the signal line. The uptrend could ease near the $66,500 before the uptrend resumes.
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Ex-President Trump’s Pro-Crypto Actions Detailed
Unlike Harris, who rarely mentions cryptocurrencies, former President Donald Trump has actively engaged with the crypto community. He has promised to appoint a special council to advise on Bitcoin and other cryptocurrencies. He has supported the sector at various events, including purchasing burgers with Bitcoin in New York.
Surveys conducted by the crypto industry indicate a high interest among voters in cryptocurrency knowledge for political candidates. A poll sponsored by Grayscale revealed that many likely voters believe it is important for candidates to understand cryptocurrency, with 21% owning digital assets.