Harris Support for Bitcoin (BTC) and Cryptocurrencies Shelved! Sources Explained: “Don’t Expect Too Much!”

As the presidential race between Kamala Harris and Donald Trump rages on, cryptocurrencies remain in focus.

While Trump draws attention with his strong support for Bitcoin (BTC) and cryptocurrencies, Kamala Harris does not include crypto in her statements.

However, Harris made waves in the crypto industry by mentioning digital assets for the first time in his speech over the weekend.

However, some sources said it is unlikely that Kamala Harris will reveal her specific views on cryptocurrency before the election.

According to Coindesk, some sources close to Harris said that the crypto industry should not expect Harris to make much more crypto announcements in the final weeks before the US elections.

The report stated that US Vice President Kamala Harris’ presidential campaign team recently met with some people from the crypto industry.

According to a person familiar with her campaign and her discussions with crypto industry figures, Harris said in the call that she would support innovative technologies such as artificial intelligence and digital assets if elected president, but did not provide any specifics.

The person with knowledge said that Harris should not be expected to make any further statements on crypto as the election approaches, and that Harris’s extensive mention of cryptocurrencies under the name of digital assets in her speech over the weekend was intentional. Accordingly, Harris deliberately used the word digital asset.

Experts noted that Harris’ supportive tone when she first mentioned digital assets in a speech reflected President Joe Biden’s stance on crypto, citing the executive order Biden signed in March 2022. Because the executive order Biden signed also stated that the White House would support technological advances and US competitiveness as long as crypto developments did not harm consumers.

*This is not investment advice.