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Home » Harris Backing for Bitcoin BTC and Cryptocurrencies Put on Hold Sources Clarify Dont Anticipate Excessive
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Harris Backing for Bitcoin BTC and Cryptocurrencies Put on Hold Sources Clarify Dont Anticipate Excessive

By adminSep. 24, 2024No Comments2 Mins Read
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Harris Backing for Bitcoin BTC and Cryptocurrencies Put on Hold Sources Clarify Dont Anticipate Excessive
Harris Backing for Bitcoin BTC and Cryptocurrencies Put on Hold Sources Clarify Dont Anticipate Excessive
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### Kamala Harris’s Stance on Bitcoin (BTC) and Cryptocurrencies: What to Expect

As the battle for the presidency intensifies between Kamala Harris and Donald Trump, the spotlight on cryptocurrencies continues to shine brightly. While Trump has garnered attention for his robust endorsement of Bitcoin (BTC) and other digital currencies, Harris has largely remained silent on this front.

Recently, Harris made headlines within the crypto community by referencing digital assets during a speech over the weekend. However, insiders suggest that significant announcements regarding her stance on cryptocurrencies are unlikely as the election draws nearer.

According to Coindesk, sources close to Harris’s campaign indicate that the crypto sector shouldn’t anticipate further statements from her in the remaining weeks leading up to the U.S. elections. It was reported that Harris’s campaign team recently held discussions with individuals from the crypto industry.

An insider revealed that during these conversations, Harris expressed her willingness to support innovative technologies, including artificial intelligence and digital assets, should she win the presidency. However, she refrained from providing any detailed plans.

The same source indicated that Harris is not expected to issue additional comments on cryptocurrencies as the election approaches. Her recent extensive reference to cryptocurrencies—referred to as digital assets—was a deliberate choice of wording.

Experts have noted that Harris’s initial supportive tone regarding digital assets aligns with President Joe Biden’s perspective on cryptocurrencies, particularly referencing the executive order he signed in March 2022. This order emphasized the administration’s commitment to fostering technological innovation and enhancing U.S. competitiveness, provided that such advancements do not compromise consumer safety.

*This article is for informational purposes only and should not be considered investment advice.

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