Kamala Harris, the US Vice President and California native, has not taken a firm stance on crypto. With Donald Trump shifting towards a pro-crypto position and planning to speak at the Bitcoin Conference, Harris may face challenges if they compete in the 2024 election.
Harris is likely to continue Biden's policies, as her donors and supporters come from his camp. However, her financial disclosure reveals no digital assets, and she has expressed caution towards AI, which could signal a dismissal of crypto.
The upcoming race against Trump, whose VP pick JD Vance may signal a new era for crypto, could be decided by narrow margins. As her campaign unfolds, Harris may garner anti-crypto support.
The 2024 election has turned into a battleground for crypto, with both Biden and Trump vying for support from the industry. The Republican National Committee's inclusion of pro-crypto language in their platform has forced President Biden to reconsider his stance and adopt a more crypto-friendly approach.
President Biden is being urged to support bipartisan, pro-crypto policies to attract more young voters ahead of the 2024 elections. Kamala Harris has a mixed record on tech and AI regulation, contrasting with Trump's running mate JD Vance, who also has ties to Silicon Valley.
Trump's surprise decision to attend the Bitcoin Conference reflects a broader shift within the Republican party, and puts pressure on the Biden administration to reassess its position on cryptocurrency. Kamala Harris, the first female, African-American, and Asian-American vice president, has a strong history of fighting for social issues, and her support was instrumental in bringing Biden to the White House.
However, she has faced criticism and low popularity numbers, despite her historic role.
