What is Vice President Kamala Harriss stance on cryptocurrency

Coin界网 reports:
Author: Thomas Carreras, DL News; Compiler: Felix, PANews
The on-chain prediction market Polymarket shows that in the predictions for the 2024 Democratic candidate, the likelihood of Vice President Kamala Harris winning has increased to 42%, while President Biden’s likelihood has dropped to 37%.
Although the White House spokesperson had denied that Biden was considering dropping out of the race, the likelihood of his withdrawal from the race has increased to 65%. At the same time, in the predictions for the winner of the presidential election, Vice President Harris’ likelihood of winning has risen to 16%, although there is still a certain gap with Trump (61%), but it exceeds Biden (12%) and is second only to Trump.


The sudden rise of Vice President Harris has sparked a multitude of speculations among cryptocurrency enthusiasts. What is her stance on cryptocurrencies? Has she been involved or expressed opinions on the cryptocurrency field before? The following is information that has been learned regarding this.
After Biden’s poor performance in last week’s debate with Trump, Harris has become the Democratic Party’s top pick. The issue of Harris’ stance on cryptocurrencies seems more urgent.
Although Biden vowed to continue his campaign, Harris has not publicly declared her candidacy for the 47th President of the United States. According to Polymarket’s predictions, recently, Harris’ likelihood of winning the presidential election has risen to 16%, although there is still a certain gap with Trump (61%), but it exceeds Biden (12%), coming in second only to Trump.
Meanwhile, a meme coin named Kamala Horris, themed around Harris, has emerged. According to Coingecko data, the meme coin has risen approximately 600% in the past week and surged over 1500% in the past 30 days.
Given that the cryptocurrency industry has become a hot topic in this year’s election and with Harris’ sudden rise, her stance on cryptocurrencies seems particularly important.
The Biden administration has always held an adversarial attitude towards the cryptocurrency industry, but Harris’ stance is more elusive.
Harris has never taken an official stance on cryptocurrencies and has never commented on the industry.
Financial disclosures show that neither Harris nor her husband, Douglas Emhoff, have been involved in the cryptocurrency field, and instead, they are more inclined to invest in US government bonds and emerging markets.
It is worth noting that during the 2020 election, Harris did hire former Sacramento Kings NBA team chief technology officer Ryan Montoya as her schedule coordinator.
According to Montoya’s LinkedIn profile, under his leadership, the Sacramento Kings became the first team in the world to accept Bitcoin. The team has also mined Ethereum and launched an NFT series.
Montoya now serves as a presidential assistant in the White House, but he still retains his original schedule coordination duties. Therefore, Montoya is unlikely to have an impact on policy.
However, according to a New York Times report from 2020, Harris, from San Francisco, had close connections with the tech industry. She was seen as the “good news” from Silicon Valley when she was nominated as Vice President.
With the intensification of cryptocurrency lobbying activities and with Wall Street banks joining the industry, it may be “reasonable” for Harris to come out in support of Bitcoin before the presidential campaign. Of course, Harris may also take a similar stance as Biden and adopt policies that suppress cryptocurrencies.