After months of tiptoeing around the subject of crypto, Kamala Harris’ campaign came out swinging on Monday with an explicitly pro-digital assets agenda, as part of a platform targeting Black male voters.
The platform, “Kamala Harris Will Deliver for Black Men,” includes a commitment from the Vice President that if elected, she would support “a regulatory framework for cryptocurrency and other digital assets so Black men who invest in and own these assets are protected.”
The document goes further to state that Harris “appreciates the ways in which new technologies can broaden access to banking and financial services,” and that she will “make sure owners of and investors in digital assets benefit from a regulatory framework so that Black men and others who participate in this market are protected.”
Kamala Harris Vows to Keep US ‘Dominant in Blockchain’
Vice President Kamala Harris said Wednesday during a speech at The Economic Club of Pittsburgh that blockchain, AI, and other emerging technologies will be a key part of her administration if elected president in November. "We will invest in biomanufacturing and aerospace, remain dominant in AI and quantum computing, blockchain and other emerging technologies, [and] expand our lead in clean energy innovation and manufacturing," she said, "so the next generation of breakthroughs—from advanced bat...
Those statements easily constitute the most outright pro-crypto positions ever put forth by Harris or her campaign. Previously, the Democratic presidential nominee had only ever referenced the industry in passing. She had never offered commitments to any concrete pro-crypto policies, something her opponent, former president Donald Trump, has been pitching for months.
It is notable not only that Harris finally appears to have committed to a full-throated stance on the issue, but also that she has done so within the very particular context of attempting to woo Black male voters—a demographic that has long been crucial to Democrats, but that the Harris campaign has recently expressed concern about losing ground with in 2024.
Trump Crypto Project World Liberty Financial Sets Token Sale Date
It’s finally here: Former President Donald Trump’s decentralized finance project will launch its token sale next week. In a Friday post on Twitter (aka X), World Liberty Financial announced that the public sale of tokens will start on Tuesday, October 15. The sale will be open to those who qualified through the whitelist. Prospective clients were able to apply for the whitelist starting in September. For now, World Liberty Financial is only open in the U.S. to accredited investors—that is, acc...
Pro-crypto policy is just one of several carrots Harris is now attempting to dangle in order to shore up support with Black men. Others listed in Monday’s policy paper include promises to legalize marijuana; to provide a million fully forgivable loans for Black entrepreneurs; and to create specialized education, training, and mentorship programs to assist Black men in getting good-paying jobs in high-demand industries.
Edited by Andrew Hayward
