- Kamala Harris has pledged to drive innovation in cryptography and AI if elected.
- Uniswap CEO praised its progressive approach.
US Vice President Kamala Harris has made her first public remarks on crypto, marking a potential departure from President Joe Biden’s more cautious stance if she wins the presidency.
At a fundraiser in New York, Harris said her administration would “partner together to invest in America’s competitiveness,” highlighting artificial intelligence and cryptography as key areas of focus. Bloomberg reported the comments at the event on Sunday.
His comments were seen as a positive step forward by some in the industry.
Uniswap CEO Hayden Adams said on X: “She’s signaling that her administration will approach this differently/be more pro-innovation.”
https://x.com/haydenzadams/status/1837958100416188698
As a salute to skeptics, Adams added: “It’s okay if you don’t believe it. Personally, I think a positive statement from a sitting vice president with a 52 percent chance of being president (Polymarket) is progress.”
Harris also stressed the importance of protecting consumers and investors while fostering innovation, saying her administration would “create a safe business environment with consistent and transparent rules of conduct.”
By bringing together cryptocurrencies and AI, Harris could bring new legitimacy to digital assets in the eyes of wary traditional investors.
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Its approach could also be of interest to institutional investors seeking greater regulatory clarity.
Harris has received support from tech and finance figures, including entrepreneur and cryptocurrency advocate Mark Cuban and Ripple’s Chris Larsen.
Cuban recently said on X: “Kamala Harris listens to business people and gets their feedback on what’s right and what’s going to lead to more investment in businesses. She’s pro-business. She’s more supportive of entrepreneurs than any candidate in a long time.”
Despite Harris’ pro-crypto rhetoric, many in the industry remain skeptical due to her close ties to the Biden administration, which has imposed strict regulations on digital assets.
Critics say his promises amount to more political posturing than real policy change.
In contrast, Donald Trump has positioned himself as the candidate of deregulation, pledging to fire SEC Chairman Gary Gensler, which resonates with cryptocurrency advocates seeking freedom from the current administration’s heavy-handed oversight.
Cryptocurrency Market Players
- Bitcoin is up 1.3% over the past 24 hours to trade at $63,500.
- Ethereum is up 2.3% to $2,639.
