Harris promises to support digital assets, hoping to win over the crypto constituency
The pledge represents quite a turnaround for the crypto industry.
Crypto's gone bipartisan.
Vice President Kamala Harris came out in support of an industry that has, over the past several years at least, viewed the Democratic party with suspicion. At a Sunday fundraiser in Manhattan, the current Democratic candidate for president assured donors that her administration would support America's tech sector.
And, in case anyone had any doubt as to whether that included crypto, she name-checked digital assets — a broad category that includes cryptocurrency like bitcoin and ethereum, as well as NFTs and other on-chain tech.
"We will partner together to invest in America's competitiveness, to invest in America's future," Bloomberg reports Harris as saying. "We will encourage innovative technologies like AI and digital assets, while protecting our consumers and investors."
The pledge suggests quite a turnaround for the crypto industry, which until recently had seemingly gone all-in for former President Donald Trump. Trump has promised to support bitcoin mining, and received endorsements from industry execs like Tyler and Cameron Winklevoss.
Small cracks in the GOP’s blockchain fortress began to show in August, however, when a Crypto4Harris event made the case that the industry wasn't a political monolith.
Sunday's comments from Harris suggest that message was received.
