Kamala Harris told donors Sunday she plans to “encourage innovative technologies like AI and digital assets,” marking her first public comments about cryptocurrency as a presidential candidate.
The vice president’s remarks, delivered at a New York fundraiser, are the most significant signal yet that Harris may usher in a friendlier approach to the crypto industry than the Biden administration. The comments follow weeks of tug-of-war between pro-crypto Democrats and skeptics in the party who say digital assets pose risks to consumers.
“We will encourage innovative technologies like AI and digital assets, while protecting our consumers and investors,” she said, according to a pool report. “We will create a stable business environment with consistent and transparent rules of the road.”
While her comments fall short of a specific policy position, support for the crypto industry would mark a major shift from Biden, whose regulators have prioritized cracking down on risks in the sector.
