Kamala Harris Confirms Pro-Crypto Shift, Here’s What She Said

Vice President Kamala Harris has confirmed support for emerging technologies like AI and digital assets, including Bitcoin (BTC) and other crypto. This pro-crypto stance could be beneficial for the virtual asset industry in case Harris wins the elections.

Kamala Harris Makes Pro-Crypto Shift

In a recent statement, Harris compared crypto to essential modern technologies, which “encouraged” pro-crypto Congressman Ro Khanna. Harris stated, “You can’t be against Bitcoin or crypto. It’s like saying I’m against the iPhone or…the laptop,” according to a post by FOX Journalist Eleanor Terrett.

Moreover, the Democratic presidential nominee also acknowledged the need for “smart regulation” in the industry but emphasized that digital assets represent “a modern store of value” and “a modern payment system.”

Furthermore, Harris also likened cryptocurrency to gold, particularly for younger generations. She stated, “It’s a modern version of gold for a lot of young people.” Her comments come as discussions around regulatory measures for the crypto industry continue to gain attention with the SEC engaged in a congressional hearing.