[NEWS] Vice President Harris says she will promote crypto assets and AI

Vice President Kamala Harris said on the 22nd that she will promote crypto assets and AI. Bloomberg reported. Harris expressed her opinion on crypto assets for the first time.

At the election campaign held at Cipriani Wall Street in New York City, Harris received $27 million (about 3.8 billion yen). At that time,

"We will encourage innovative technologies such as AI and digital assets while protecting consumers and investors."

This is the first time that Harris has made an official statement about crypto assets since becoming a presidential candidate.

Harris' supporters, including billionaire investor and NBA Dallas Mavericks owner Mark Cuban, said that she encouraged learning about AI and crypto assets during the election campaign, and that the Harris camp is also ready to support these industries.

Harris has focused her economic policies on supporting low-income people and families, and has also revealed businesses in the "opportunity economy."

"I will bring together workers, small businesses, founders, innovators and large corporations to build an opportunity economy. Together, we will invest to drive American competitiveness and invest in America's future. We will incentivize innovative technologies like AI and digital assets while protecting consumers and investors. We will create a safe business environment with consistent and transparent rules," he said.

Harris also promised to "invest in semiconductors, clean energy and other industries of the future. And cut unnecessary bureaucracy."

As vice president, Harris cast a runoff vote in the Senate on President Joe Biden's inflation-fighting bill.

The bill would provide $369 billion in tax cuts and subsidies for clean energy.

Crypto industry on her side

Harris' comments come as rival Donald Trump has openly voiced support for the crypto industry.

Trump has called himself the "crypto candidate" and has received support from Tesla CEO Elon Musk.

Trump has proposed the creation of a national strategic Bitcoin (BTC) reserve. Trump has also released four NFT collections and has announced that he will fire SEC Chairman Gary Gensler.

Trump's sons are both supporters of cryptocurrencies and have launched Web 3.0 projects.

"Cryptocurrencies are one of those things we have to do. Whether you like it or not, it's something we have to do," he said in a two-hour live stream on X.

Rather than being unable to ignore the cryptocurrency industry, Harris has decided that it would be advantageous to support it and have it on her side. Harris' support of the cryptocurrency industry may have given her an advantage in the election campaign. It is also necessary to deny the controversial report that she will appoint Chairman Gensler as Secretary of the Treasury. Bitcoin temporarily exceeded $64,000 (about 9.15 million yen) following Harris' remarks.

Reference:Jennifer Epstein、Bloomberg
Image: Shutterstock

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