
{"id":8756,"date":"2024-09-23T08:16:54","date_gmt":"2024-09-23T08:16:54","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=8756"},"modified":"2024-09-23T08:16:54","modified_gmt":"2024-09-23T08:16:54","slug":"kamala-harris-promises-to-encourage-crypto-in-surprising-campaign-shift","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=8756","title":{"rendered":"Kamala Harris Promises to Encourage Crypto in Surprising Campaign Shift\u00a0"},"content":{"rendered":"<p>The presidential candidate pitched her economic agenda to donors in New York City on Sept 22, stating that she wants to support innovation in artificial intelligence and crypto and focus regulations on protecting consumers and investors.<\/p>\n<p>The Democrat stated that she would bring together small business founders, innovators, and major companies to \u201cinvest in America\u2019s competitiveness, to invest in America\u2019s future.\u201d<\/p>\n<p>She then mentioned crypto assets for the first time in public, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-09-22\/harris-vows-to-grow-ai-crypto-industries-in-pitch-to-nyc-donors\" target=\"_blank\" rel=\"noopener\">according<\/a> to Bloomberg:<\/p>\n<p>\u201cWe will encourage innovative technologies like AI and digital assets while protecting our consumers and investors.\u201d<\/p>\n<p>According to Reuters, Harris plans to roll out a new set of economic policies this week.<\/p>\n<h2>Democrats Good For Crypto?<\/h2>\n<p>The move marks a departure from President Biden\u2019s approach, which has actively targeted the crypto industry with rafts of lawsuits and a quagmire of murky regulations.\u00a0One of Harris\u2019s campaign policy advisers told Bloomberg that she wants to help grow digital assets but is interested in more regulations and safeguards for the industry.<\/p>\n<p>However, researchers have <a href=\"https:\/\/x.com\/intangiblecoins\/status\/1823338570104352884\" target=\"_blank\" rel=\"noopener\">suggested<\/a> that the crypto crackdown and hostility towards the industry would continue if the Democrats were elected.\u00a0Uniswap founder Hayden Adams said that \u201c[Joe] Biden has been bad for crypto and actions will speak louder than words,\u201d before adding:<\/p>\n<p>\u201cBut progress is progress, it needs to start somewhere, and should be encouraged. A positive statement on the tech is more than we got under Biden and Trump\u2019s presidency.\u201d<\/p>\n<p>Not all were convinced that the Democrats would be good for crypto, however.<\/p>\n<p>Retardio.<\/p>\n<p>Uniswap should not be trusted.<\/p>\n<p>The only major crypto company actively simping for Democrats and Kamala Harris in particular. It\u2019s like they want us to lose. <a href=\"https:\/\/t.co\/huw76HRyQq\" target=\"_blank\" rel=\"noopener\">https:\/\/t.co\/huw76HRyQq<\/a><\/p>\n<p>\u2014 Ryan Selkis (d\/acc) (@twobitidiot) <a href=\"https:\/\/twitter.com\/twobitidiot\/status\/1837947787071443252?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">September 22, 2024<\/a><\/p>\n\n<p>In April, the Securities and Exchange Commission (SEC) <a href=\"https:\/\/cryptopotato.com\/sec-files-notice-of-intent-to-sue-uniswap-labs\/\">issued<\/a> an intent to take legal action, or Wells notice, against Uniswap.<\/p>\n<p>ETF Store President Nate Geraci also saw the irony in a crypto founder supporting the Democrats.<\/p>\n<p>Current state of crypto regulation in two tweets\u2026 <a href=\"https:\/\/t.co\/s4Owie9nzo\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/s4Owie9nzo<\/a><\/p>\n<p>\u2014 Nate Geraci (@NateGeraci) <a href=\"https:\/\/twitter.com\/NateGeraci\/status\/1838031597221658910?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">September 23, 2024<\/a><\/p>\n\n<p>Last week, <em>CryptoPotato<\/em> <a href=\"https:\/\/cryptopotato.com\/ex-trump-aide-anthony-scaramucci-joins-kamala-harris-to-draft-crypto-policies\/\">reported<\/a> that founder of the investment firm SkyBridge Capital, Anthony Scaramucci, revealed that he is working with Kamala Harris to draft crypto policies for her campaign.<\/p>\n<h2>Trump All-In on Crypto<\/h2>\n<p>Her Republican rival, Donald Trump, has openly courted the crypto industry, promising to fire SEC Chair Gary Gensler and appoint industry-friendly regulators.<\/p>\n<p>Last week, he became the first former president to use Bitcoin as a payment method when he <a href=\"https:\/\/cryptopotato.com\/burgers-and-bitcoin-donald-trump-demonstrates-support-for-btc-at-nyc-bar\/\">bought burgers<\/a> for supporters at a New York bar.<\/p>\n<p>According to Polymarket\u2019s election prediction forecast, Harris has a 52% lead, while Trump trails at 47%.\u00a0According to the <a href=\"https:\/\/www.cbsnews.com\/news\/trump-harris-poll-debate-economy-09-22-2024\/\" target=\"_blank\" rel=\"noopener\">latest<\/a> CBS News polling, the vice president has now \u201cmoved to the slightest of edges across the battleground states,\u201d with 4 points nationally over Donald Trump.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/kamala-harris-promises-to-encourage-crypto-in-surprising-campaign-shift\/\">Kamala Harris Promises to Encourage Crypto in Surprising Campaign Shift\u00a0<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>The presidential candidate pitched her economic agenda to donors in New York City on Sept 22, stating that she wants to support innovation in artificial intelligence and crypto and focus regulations on protecting consumers and investors. The Democrat stated that she would bring together small business founders, innovators, and major companies to \u201cinvest in America\u2019s [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":8757,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-8756","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/8756"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8756"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/8756\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/8757"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}