As part of her “Opportunity Economy” agenda, current Vice President and presidential candidate Kamala Harris continues to engage with the cryptocurrency community.
She has an appointment with a group of Black entrepreneurs in Erie, Pennsylvania, on October 14. Her agenda specifies that she will address her advocacy for Black-owned small businesses, cryptocurrency and digital asset regulation, and cannabis legalization at the federal level.
Opportunity Economy Agenda
Cedric Richmond, a co-chair of the Harris campaign, stated to a local NPR affiliate in New Hampshire that the vice president’s announcement is a component of her “Opportunity Economy” pledge.
According to Richmond, Harris aims to increase the support of Black men in the voting booth by promising to establish an economy in which Black men are “equipped with the tools to thrive, to buy a home, to provide for our families, to start a business, and to build wealth.”
Harris’s portrayal as a member of a purported US anti-crypto regime appears to have diminished since her campaign commenced in earnest.
Chris Larsen, the co-founder of Ripple, donated XRP to the Harris-Walz 2024 Presidential campaign, valued at approximately $1 million at the time of the donation, as was recently reported.
Certain individuals perceive Harris as a pro-crypto candidate willing to collaborate on bipartisan legislation to regulate the cryptocurrency industry and digital assets. Nevertheless, not all community members support the Harris campaign’s “crypto pivot.”
According to Matt Hogan, the chief investment officer of Bitwise:
Nevertheless, the documents on the Harris campaign website that pertain to the Erie, Pennsylvania, event employ slightly different language, indicating that those who “own” cryptocurrency will also be safeguarded. This implies that her strategy involves safeguarding cryptocurrency ownership rather than restricting or eliminating it:
“Supporting a regulatory framework for cryptocurrency and other digital assets so Black men who invest in and own these assets are protected.”
