Kamala Harris Promises to Boost AI and Crypto Investments in 2024 Election Bid
U.S. Vice President Kamala Harris has pledged to boost investments in artificial intelligence and cryptocurrencies if elected, presenting her economic strategy to donors in New York City.
At a fundraiser, she emphasized a vision focused on fostering innovation while ensuring regulations that protect consumers and investors.
Harris aims to unite labor, entrepreneurs, and large corporations to enhance America’s competitiveness and future. She highlighted the importance of supporting technologies like AI and digital assets.
This marks her first public statement on cryptocurrencies as the Democratic presidential nominee, with many in the crypto community eager to see how her stance might diverge from President Biden’s approach.
READ MORE: Charles Hoskinson Questions Crypto Policies of Trump and Harris in Recent Interviews
The crypto sector is gaining traction in the 2024 presidential race, with industry leaders pushing back against what they perceive as overly strict regulations under the Biden administration. During a recent discussion at the Democratic National Convention, a policy adviser for Harris mentioned her intention to promote digital assets while also prioritizing necessary protections for a sector that has faced several high-profile failures.
In contrast, former President Donald Trump, Harris’ Republican challenger, has actively sought support from the crypto industry, vowing to replace the current SEC Chair and establish a more favorable regulatory environment for digital assets.