Tonya Evans. (Fortune). September 25, 2024.
At a fundraiser in New York City on September 22, Vice President Kamala Harris took a significant step by publicly expressing her support for emerging technologies, including artificial intelligence and cryptocurrencies, according to a report in Bloomberg. “We will encourage innovative technologies like AI and digital assets, while protecting our consumers and investors,” she said at the Cipriani Wall Street event, helping to raise $27 million.
For the first time as the Democratic nominee, Harris offered a glimpse into how her administration might approach digital assets. While her comments signal a promising proof of pivot, six weeks into her campaign, there is a growing urgency to address the concerns of pro-crypto voters. This demographic—especially the younger, politically energized, pro-crypto population—has been skeptical, if not outright alienated, by the current administration’s approach.
What these young voters are looking for is not just clarity on bitcoin but a comprehensive legal structure for all digital assets. They are also aware that former President Trump has made significant overtures to the crypto industry, particularly by appealing to Bitcoin maximalists.
Read the full piece here: Fortune.