US Vice President and Democratic Presidential nominee Kamala Harris has made a promising commitment to support the crypto and artificial intelligence (AI) industries should she emerge victorious in the upcoming November election. According to Bloomberg, Harris expressed her intention to boost investments in AI and digital asset technologies during a New York City fundraiser held on Sunday.
In her address to donors, Harris outlined her vision for an “opportunity economy” that would prioritize collaboration between labor unions, small business owners, innovators, and major corporations. She emphasized the importance of fostering innovative technologies like AI and digital assets while ensuring consumer and investor protection.
“We will create a safe business environment with consistent and transparent rules of the road. We will invest in semiconductors, clean energy, and other industries of the future, and we will cut needless bureaucracy,” Harris stated at the event.
The crypto community has been eagerly awaiting clarity on Harris’ stance on digital assets, with Circle’s CEO Jeremy Allaire highlighting the industry’s desire for clear statements from both the current administration and Harris in her economic policy agenda.
“I think what the industry is looking for very clearly is clear statements potentially from the existing White House and clear statements from Harris as part of her economic policy agenda,” Allaire remarked.
As the election draws nearer, stakeholders in the digital asset industry will be closely monitoring Harris’ position on crypto and AI to gauge the potential impact on their businesses and investments. Stay informed and subscribe to receive email alerts directly to your inbox for the latest developments in this rapidly evolving space.
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In conclusion, Harris’ pledge to support the crypto and AI industries signals a potential shift in US policy towards embracing innovative technologies and fostering economic growth. With the election on the horizon, the digital asset industry awaits further clarification on Harris’ position to navigate the evolving regulatory landscape effectively.
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