Vice President Kamala Harris, the Democratic presidential nominee, has released a detailed list of policy positions on her campaign website, outlining her vision for a future administration. While the platform covers a wide range of issues, including tax cuts for middle-class families and affordable housing, it notably omits any mention of cryptocurrencies.
Harris’s policy document, titled “Supporting American Innovation,” focuses on bolstering U.S. leadership in key industries like semiconductors, clean energy, and artificial intelligence. The document emphasizes her commitment to building upon the progress made by the current administration in these sectors.
The absence of any mention of cryptocurrencies in Harris’s platform has sparked debate within the industry. Democratic crypto lobbyists, executives, and investors express concern that the industry risks tilting too heavily towards the Republican party, citing the growing support for GOP presidential nominee Donald Trump among crypto leaders. Trump has pledged policies that would benefit digital asset firms.
Republican crypto proponents argue that engaging with Harris and backing Democratic candidates risks alienating long-standing GOP allies, with no guarantee of a favorable outcome. The Biden administration, of which Harris is a key member, has adopted a cautious stance towards crypto trading, leaving uncertainty about Harris’s personal views on the matter.
