Kamala Harris's View for Crypto, What Should We Know?

Bittime - The figure of Kamala Harris, US Vice President, emerged as a figure who attracted attention to the US political contestation. In contrast to most politicians on Capitol Hill, Harris is known as a figure who rarely makes strong statements about crypto.

It is not yet known whether he supports or opposes digital assets, tokenization, blockchain or NFTs. This 'silence of a thousand words' attitude is now in the spotlight along with the possibility of Harris running as a presidential candidate from the Democratic Party.

Kamala Harris's Views On Crypto

Over the past four years, Harris' views on digital assets have not attracted much public attention. The reason is, President Joe Biden has made many statements about crypto during his tenure at the White House. 

However, this situation changed drastically after Biden announced his intention to withdraw from the upcoming presidential election.

While there is no guarantee that Harris will win the Democratic nomination, Biden has given his full support. If Harris succeeds in winning the nomination, she will face former President Donald Trump. 

Trump himself is known to have changing views on crypto. From initially opposing it, he now supports this digital asset.

Check Today's Crypto Market:

Trump's plans regarding digital assets are expected to become clearer in the next few weeks, especially after he is scheduled to speak at the Bitcoin Conference on July 27. Meanwhile, many people think that Trump at least supports Bitcoin.

AWhat Happens if Harris Wins the Presidential Election?

Even though we don't yet know Harris' official position, there are several indications that we can pay attention to. First, there is a possibility that Harris will continue existing policies. 

Given his close political career with Biden, his donors and supporters mostly come from the same camp. It could be easier for “President Harris” to make changes to the status quo than “candidate Harris.”

Another interesting thing, based on the 2023 White House financial report, neither Harris nor her husband own digital assets. Even so, both of them have quite large investments. 

This is quite surprising considering that Harris is a politician from California. The region is considered one of the most tech-friendly democrats, although it tends to be cautious in its approach to AI.

Also Read How To Buy Crypto:

Kamala Harris Rejects Crypto?

It is possible that Harris's attitude of avoiding cryptocurrencies so far reflects his rejection of this technology. If this is true, we might see Harris start to garner anti-crypto support as her campaign gets underway.

It's also important to consider the razor-thin margin of support between Trump and Biden before Biden withdrew from the 2024 race. 

If we imagine a scenario where Harris needs to quickly find a few percentage points to strengthen her standing as a candidate, the real question is whether a pro-crypto stance will help or hurt her standing against Trump.

Despite all this speculation, Harris' stance on digital assets remains a big question mark. The US public and the international world are now waiting with great curiosity. 

This is related to how Harris' official stance on this issue will shape and influence the political landscape and digital economy in the future. 

One thing is certain, Harris' views on digital assets will be one of the important factors that will influence the direction of US policy in the field of financial technology for years to come.

How To Buy Crypto With Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn How to Buy Crypto on Bittime.

Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.