Dr Emdad, the director of the Center for Blockchain and Financial Technology Research at Morgan State University, pointed out that more than a quarter of black Americans own cryptocurrencies compared to only 15% of white people, which is why cryptocurrencies are more likely to be accepted.
However, he believed that the announcement could have been made earlier.
Vice President Harris’ campaign is trying to win the support of black male voters by promising regulation on cryptocurrencies, which some black male voters are investing in, according to the latest news from BlockBeats on October 19. This is the most explicit statement from the Vice President on cryptocurrencies yet, but her campaign had been reluctant to talk about them since taking office and has focused less on cryptocurrencies than her opponent, Donald Trump.
This announcement has sparked mixed reactions, with some cryptocurrency investors and industry insiders supporting Harris for her remarks on regulation, while others criticized her for targeting black men specifically.
