Kamala Harris Backs Crypto And AI In First Public Comments On Industry

US
Vice
President
and
Democratic
candidate
for
president


Kamala
Harris

made
her
first
public
statement
on
crypto,
vowing
to
encourage
investment
in
both
the
growing
digital
asset
and
artificial
intelligence
(AI)
sectors.

“We
will
encourage
innovative
technologies
like
AI
and
digital
assets,
while
protecting
our
consumers
and
investors,”
Harris
said
at
a
fundraiser
at
Cipriani
Wall
Street
in
Manhattan,

according
to
a
Sept.
22


report

by
Bloomberg.
”I
will
bring
together
labor,
small
business
founders
and
innovators
and
major
companies.
We
will
partner
together
to
invest
in
America’s
competitiveness,
to
invest
in
America’s
future.”

Experts
See
Harris
Comments
As
A
Positive
Sign

Several
industry
experts
have
shared
their
opinions
about
Harris’s
first
comments
on
crypto
since
she
became
the
Democratic
Party’s
presidential
candidate.

“This
is
an
important
and
constructive
statement
from
@KamalaHarris,”
said
Coinbase’s
policy
chief
Faryar
Shirzad
in
a
Sept.
22
X
post.

This
is
an
important
and
constructive
statement
from

@KamalaHarris.

It’s
not
nearly
as
forward
leaning
as
the
concrete
and
visionary
positions
taken
by

@realDonaldTrump,
but
it’s
still
notable
because:
–
she
recognizes
digital
asset
innovation
as
being
important
and
on
par…

https://t.co/sIzq06a4lU

—
Faryar
Shirzad
????️
(@faryarshirzad)

September
22,
2024

But
he
went
on
to
say
that
Harris’s
promise
to
invest
in
crypto
and
AI
is
“not
as
forward
leaning”
as
the
bullish
crypto
statements
that
have
been
made
by
her
Republican
rival


Donald
Trump.
Nevertheless,
he
said
it
signals
that
Harris
has
recognized
crypto
innovation
as
“important.”

Alexander
Grieve,
government
affairs
vice
president
at
Paradigm,
also


labeled

Harris’s
statement
as
“encouraging.”
He
added
that
the
outcome
of
the
election
will
have
a
positive
effect
on
the
nascent
crypto
industry,
because
it
will
finally
bring
an
end
to
what
he
calls
“the
last
anti-crypto
administration.”

Kamala
Harris
Builds
Polymarket
Lead
Over
Trump

Harris’s
odds
of
winning
the
election
on
the
decentralized
betting
platform


Polymarket

have
improved
since
her
comments.
Over
the
past
24
hours,
the
Democratic
candidate’s
odds
rose
1%
on
Polymarket.

This
added
to
the
gain
in
the
past
month,
pushing
the
total
increase
in
the
last
30
days
to
5%.
Meanwhile,
Trump’s
odds
remained
the
same
throughout
the
past
day. 

Overall,
bettors
on
Polymarket
see
a
52%
chance
of
Harris
taking
the
White
House
in
November,
while
Trump’s
odds
stand
at
47%.

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