Kamala Harris, U.S. Vice President and Presidential Candidate of the Democratic Party, mentions digital assets only once in an 82-page document detailing her economic plan.
Notably, FOX Business journalist Eleanor Terrett highlighted the development in a recent X post. According to Terrett, the document, which provides an outlook of Harris and her running mate Tim Walz’s economic plan, referenced digital assets only once throughout the entire 82 pages.
🚨NEW: 80 pages outlining @KamalaHarris/@Tim_Walz economic plan.
Digital assets mentioned once in page 56 alongside AI — the same statement she gave over the weekend at the Wall Street fundraiser.
Full document here: 👇🏼https://t.co/KILj6a028K pic.twitter.com/GcKypFIvfC
— Eleanor Terrett (@EleanorTerrett) September 25, 2024
Harris Plan to Drive Digital Assets Innovation
On page 52 of the document, the phrase ‘digital assets,’ which include cryptos, was mentioned alongside Artificial Intelligence (AI) in the same sentence.
Harris and Walz said they plan to strengthen America’s edge in sectors that are crucial to the nation’s economic security. They aim to achieve this goal by investing in emerging technologies and modernizing traditional industries. Through this investment, they hope to drive innovation in “AI and digital assets.”
Commenting, Terrett revealed that the statement was the same remark Harris made about digital assets during a recent fundraiser. It bears mentioning that the $27 million fundraiser, which took place in New York City over the weekend, was the first time Harris publicly made a remark about digital assets.
Crypto Enthusiasts React
As expected, Harris’ brief mention of digital assets in the 82-page document triggered reactions from crypto enthusiasts. Some users suggested that this development implies that digital assets, like cryptos, are not a major focus of Harris’ economic plan.
Others indicated that the term “digital assets” is too ambiguous and could mean anything other than physical property.
Despite mentioning digital assets in her economic plan, crypto enthusiasts are uncertain about her intentions for the emerging market.
Harris Vs. Trump Crypto Approach
The current administration, of which Harris is the vice president, has been strict on crypto, with top agencies like the SEC regulating the market through enforcement actions.
With the general election around the corner, the industry is interested in knowing how the presidential aspirants aim to regulate cryptos if they emerge victorious.
While Harris has been economical with her plan for crypto, her opponent, Donald Trump, has publicly embraced the asset class. The former U.S. President accepts crypto donations while promising to make America the crypto capital of the world.
Interestingly, Trump has also launched crypto projects, including a non-fungible token (NFT) and decentralized finance (DeFi) project. Most recently, Trump leveraged Bitcoin’s (BTC) payment function to buy burgers for his supporters.
Amid Trump’s stance on crypto, many enthusiasts of the asset refer to him as “the Crypto President,” and some industry stalwarts have donated massively to support his presidential ambition.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
