Kamala Harris Emphasizes Blockchain and Cryptocurrency in Economic Vision

BlockBeats news, September 26, according to The Block, U.S. Vice President Harris said in a speech at the Pittsburgh Economic Club on Wednesday that under her leadership, the United States will “recommit” to maintaining global leadership in areas that define the next century, “maintaining dominance in artificial intelligence and quantum computing, blockchain and other emerging technologies.” Until last weekend, Harris had remained silent on cryptocurrencies during her campaign. At a recent Wall Street fundraising event in Manhattan, Harris said that artificial intelligence and cryptocurrencies are part of her vision for an “opportunity economy.”

“We will encourage innovative technologies like artificial intelligence and digital assets while protecting consumers and investors. We will create a safe business environment with consistent and transparent rules of the road,” Harris said at the fundraiser. She reiterated that message in her 80-page economic plan on Wednesday.

VanEck analysts said the outcome of the November election could be mixed for cryptocurrencies. “We believe that while Harris and Trump are bullish on Bitcoin, both parties have a more nuanced impact on the broader digital asset market, with both administrations likely to maintain, if not accelerate, fiscal spending, which could lead to further quantitative easing — especially if anti-business policies intensify,” they said. A Harris presidency could be more favorable for Bitcoin, they noted, as it would “accelerate many of the structural issues driving Bitcoin adoption.”

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