Kamala Harris, Democratic candidate for the American presidential elections, has pleaded in favor of regulations for cryptocurrencies, without giving any more details on what she actually wants to put in place.
Kamala Harris unveils new proposal encouraging African-Americans to become entrepreneurs
At the end of September, Kamala Harris announced that it would unveil new economic policies intended to encourage individuals and businesses to participate to the model “ opportunity economy » that she imagined. It is now done.
This Monday, the current vice-president still in the campaign presented a new part of his economic program focused on African-Americanssupporting them in their desire to undertake and invest.
🔎 Discover our advice to follow to invest in cryptocurrencies with complete peace of mind
His proposal entitled “ Opportunity Agenda for Black Men » evokes the fact that a part of the African-American population invests or holds cryptocurrencies :
Vice President Kamala Harris appreciates how new technologies can expand access to banking and financial services. […] She knows that more than 20% of black Americans own or have owned cryptocurrency assets. That's why his plans will ensure that owners and investors in digital assets benefit from a regulatory framework so that African Americans and others who participate in this market are protected.
Among the measures mentioned in this proposal, 1 million fully forgivable loans of up to $20,000 will be provided to African American entrepreneurs wishing to start a business or launch a health-focused initiative.
In parallel, she committed to supporting the creation of a regulatory framework for cryptocurrencies. However, in Erie, Pennsylvania, where Kamala Harris visited to give another campaign speech, the Democratic candidate did not provide additional information on the actions they intended to take on this subject.
Yet, she did not fail to mention her proposal in support of African-Americansseeking to seduce these voters. “ We will build a future in which we will have what I call an opportunity economywhere everyone can compete and have a real chance not only to succeed, but also to progress » she declared.
Receive a €50 bonus by creating an account on Bitpanda 🐼!
After several weeks of silence, the Democratic candidate finally talks about cryptocurrencies
In recent weeks, Kamala Harris, surrounded by several crypto personalities, has changed her tune. The Democratic candidate who seemed reluctant to mention cryptocurrencies finally spoke out on this subject. Thus, last month, the current vice-president gave her opinion on cryptocurrencies for the first time.
Kamala Harris then declared that if she were elected on November 5, she would encourage ” Linnovative technologies likeiartificial intelligence and digital assets, while protecting our consumers and investors “.
👉 Also read – The price of Bitcoin (BTC) at $90,000 in the event of Donald Trump’s victory?
However, this position regarding cryptocurrencies comes well after that of his rival Donald Trump. For several months, the Republican candidate has been running as a cryptocurrency-minded businessman.
The former president of the United States did not hesitate to present his proposals in favor of cryptocurrencies on the occasion of the 2024 edition of the Bitcoin Conference. Moreover, Donald Trump even went to PubKey, a bar located in New York where he paid for his meal using Bitcoin.
Cryptoast Academy: Don’t waste this bull run, surround yourself with experts
Source: Kamala Harris campaign website
The #1 Crypto Newsletter 🍞
Receive a summary of crypto news every day by email 👌
What you need to know about affiliate links. This page may feature investment-related assets, products or services. Some links in this article may be affiliated. This means that if you buy a product or register on a site from this article, our partner pays us a commission. This allows us to continue to offer you original and useful content. There is no harm to you and you can even get a bonus using our links.
Investments in cryptocurrencies are risky. Cryptoast is not responsible for the quality of the products or services presented on this page and cannot be held responsible, directly or indirectly, for any damage or loss caused following the use of a good or service highlighted in this article. Investments related to crypto-assets are risky by nature, readers should do their own research before taking any action and only invest within the limits of their financial capabilities. This article does not constitute investment advice.
AMF recommendations. There is no guaranteed high return, a product with high return potential involves high risk. This risk-taking must be in line with your project, your investment horizon and your capacity to lose part of this savings. Do not invest if you are not prepared to lose all or part of your capital.
To go further, read our Financial Situation, Media Transparency and Legal Notices pages.
Surprised by the rise of crypto-assets at the end of the 2010s, I began to closely follow this sector which fascinates me to the greatest extent. When I'm not in football stadiums, rugby stadiums or handball halls, I work on writing relevant articles around cryptocurrencies and more broadly, Web3.
Zacharie Tazrout
126 items
