On October 14th, she’s scheduled to meet with Black entrepreneurs in Erie, Pennsylvania.
Harris Addresses Crypto and Small Business Support
Cedric Richmond, co-chair of Harris’ campaign, emphasized that her “Opportunity Economy” agenda aims to empower Black men. This will be possible by providing tools to thrive economically. This includes helping them start businesses, buy homes, and build wealth. Richmond said that this new approach is an effort to win support from Black male voters.
One of the more interesting aspects of Harris’ platform is her stance on cryptocurrency. Some say she’s starting to shift from a strict anti-crypto position to a more open-minded approach. Recently, Ripple co-founder Chris Larsen donated around $1 million in XRP to the Harris-Walz 2024 campaign.
🚨🇺🇸 KAMALA UNVEILS CRYPTO REGULATION PLAN
U.S. VP Kamala proposed a cryptocurrency regulatory framework aimed at protecting Black men who invest in crypto as part of her “Opportunity Agenda for Black Men.”
The plan also includes forgivable loans for Black entrepreneurs, a… https://t.co/VW5pimMrpR pic.twitter.com/RnyUXbTBuc
— Mario Nawfal (@MarioNawfal) October 14, 2024
Harris has hinted that she’s open to working on bipartisan legislation that could regulate digital assets and the crypto industry. This is seen by many as a “crypto pivot,” a term used to describe when politicians switch gears to support an industry they were once skeptical of. However, not everyone in the crypto community is buying it just yet. Some believe Harris’ stance is still unclear, while others welcome her willingness to listen.
More About Harris and her Crypto Plan
The Harris campaign website for the Erie event states that those who own cryptocurrency will be protected. This seems to imply that her plan focuses on safeguarding crypto ownership, rather than trying to limit or ban it. This approach may help her gain favor with crypto enthusiasts who feel the industry needs clearer rules to grow safely in the U.S.
Kamala Harris just uploaded her 5-part “pathbreaking” plan for black men. It includes legalizing recreational marijuana, helping black men invest in crypto, launching a “National Health Equity Initiative,” loans, and training black men to become teachers. https://t.co/NEEOsbQ8st pic.twitter.com/5P6JPeQ676
— Tiana Lowe Doescher (@TianaTheFirst) October 14, 2024
In a world where cryptocurrency is becoming more common, Harris’ effort to include it in her platform may be a way to reach out to new voters. Whether or not the “crypto pivot” sticks, Harris appears to be leaving the door open for discussions on regulating and supporting the future of digital assets.
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