– Vice President Kamala Harris highlights cryptocurrency and AI at a Manhattan event.
– She promises to foster innovation while protecting consumers.
– Harris pledges to unite businesses of all sizes for American competitiveness.
– It’s her first direct endorsement of digital assets as a presidential candidate.
Harris Shows Support for AI and Crypto
On September 23, 2024, Vice President Kamala Harris took a significant step in her presidential campaign by publicly endorsing cryptocurrency and artificial intelligence. During a fundraising event at Cipriani Wall Street, Harris highlighted the importance of emerging technologies like digital assets, marking the first time she has personally commented on crypto since becoming a Democratic presidential candidate.
Harris emphasized her commitment to making America a leader in technological innovation while ensuring that protections are in place for consumers and investors. In her speech, she said, “I will bring together the workforce, small business founders and innovators, and large corporations. Working together, we will invest in American competitiveness and invest in America’s future.” This statement signals that Harris envisions a future where the U.S. not only embraces cutting-edge technologies but also creates a strong foundation for responsible growth.
A Shift in Democratic Stance?
Kamala Harris’s remarks could mark a shift in the Democratic Party’s approach to cryptocurrency, which has traditionally been more cautious about digital assets. Her promise to balance innovation with consumer protection suggests she’s aiming to strike a middle ground that appeals to both tech advocates and those concerned about potential risks.
While other candidates have remained more reserved on the subject of cryptocurrencies, Harris appears to be making a calculated move to show that her administration would encourage technological growth in this space. By aligning herself with sectors that are increasingly important to the global economy, she could be positioning herself as a forward-thinking candidate who understands the evolving needs of the digital age.
Her reference to “large corporations” alongside “small business founders and innovators” suggests a desire to create an ecosystem that benefits stakeholders across the spectrum. This could prove crucial, as large tech companies continue to push boundaries in AI and blockchain, while smaller startups often drive much of the innovation.
Harris’s emphasis on unity—bringing together workforce members, innovators, and corporations—hints at a collaborative strategy to make the U.S. a global leader in both artificial intelligence and digital assets. As cryptocurrencies and blockchain technology continue to reshape industries, Harris’s policy may focus on balancing regulation with freedom for growth, ensuring the U.S. remains competitive on the global stage.
