The Future of Crypto Under a Potential President Kamala Harris
As the 2024 presidential election looms closer, the spotlight is shining on Vice President Kamala Harris and her stance on digital currencies, tokenization, blockchain, and NFTs. Unlike many of her Capitol Hill colleagues, Harris has remained relatively silent on these topics, leaving many in the crypto community wondering what her presidency would mean for the future of the industry.
With President Joe Biden announcing his decision not to seek re-election and throwing his support behind Harris, the possibility of her becoming the Democratic nominee is becoming more likely. However, she would still have to face off against former President Donald Trump, who has been vocal about his views on crypto, both for and against.
Despite her lack of public statements on the matter, there are clues that suggest Harris may not be as crypto-friendly as some would hope. Her financial disclosure for 2023 revealed that neither she nor her husband hold any digital assets, despite their ties to Silicon Valley. This has led some to speculate that Harris may take an anti-crypto stance if she were to become president.
However, with the race expected to be a close one, Harris may need to consider the potential impact of embracing crypto on her campaign. As she vies for support against Trump, who is set to speak at the Bitcoin Conference later this month, the question remains: would a pro-crypto stance help or hurt her chances of winning the presidency?
As the election season heats up, all eyes will be on Harris and her position on digital currencies, as the future of the industry could hang in the balance.