U.S. Vice President Kamala Harris has pledged to support digital asset policies that protect crypto investors, especially black men participating in the sector.
The promise was part of a wide-ranging agenda targeting men of color whom the Democratic flagbearer’s team believes could be pivotal in the November presidential elections.
Securing Black Male Voters via Crypto
In an October 14 release, the Harris campaign promised their candidate would create a conducive crypto regulatory framework to protect “black men and others” who participate in the market.
Harris pointed out that 20% of black people in the United States own or have previously possessed crypto assets. She also acknowledged the role these “new technologies” were playing in broadening their access to affordable banking and financial services, something she admitted they had been denied in the past.
However, the team provided no further details as to what precisely the regulatory framework being advocated would entail.
The candidate, who later spoke at an event in Erie, Pennsylvania, also did not elaborate on the plan. As noted by observers, the VP even failed to mention terms associated with the crypto industry, such as “blockchain” or “digital assets,” in her speech.
One critic, Bitcoin Magazine’s Nikolaus Hoffman, called Harris “the worst candidate for Bitcoin,” describing her latest pledge as “race-based.”
The scribe compared her approach to Donald Trump’s, which he judged as being “much better,” given that the former president had actually given specific details about what he intends to do for crypto.
Trump’s Pro-Crypto Stance Gains Momentum
The Harris team itself had no kind words for Trump, claiming he had “repeatedly shown open contempt for black Americans and black men.” However, the Republican candidate, who recently declared himself the “Crypto President,” has made a lot of headway within the community.
After years of discrediting v
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Author: Wayne Jones
