Republican

Impact

Rocky

Presidential candidate Kamala Harris said she wants the US to “remain dominant” in future technologies including blockchain, AI and other industries in her latest comments on the the crypto&nbsp; space.
“We will invest in biomanufacturing and aerospace, remain dominant in AI and quantum computing, blockchain and other emerging technologies,“ Harris <a href="https://www.youtube.com/watch?v=XokApnr_Cak" rel="noopener noreferrer nofollow">said</a> during a Sept. 25 speech at The Economic Club of Pittsburgh.&nbsp;
<img decoding="async" src="https://people.com/thmb/NJ35nSk6p1ff7oNldVM1HGvE_3k=/1500x0/filters:no_upscale():max_bytes(150000):strip_icc():focal(1059x518:1061x520)/kamala-harris-8-2000-0aee2d11a6a643a68b918e084552091d.jpg" alt="Vice President Kamala Harris' Career in Photos">
<h2 id="span-style-font-weight-400-kamala-harris-says-her-administration-will-encourage-ai-and-digital-asset-innovation-span">Kamala Harris Says Her Administration Will Encourage AI And Digital Asset Innovation&nbsp;</h2>
Harris has remained relatively quiet about her stance on crypto when compared to her Republican rival Donald Trump. Her first <a href="https://insidebitcoins.com/news/kamala-harris-backs-crypto-and-ai-in-first-public-comments-on-industry" rel="noopener noreferrer nofollow">comments</a> on the nascent digital asset industry were made on Sept. 22, when she said she will encourage innovative technologies like AI and digital assets.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Mr Pool does it again! 2nd time Trump says he will pay off the national debt with bitcoin/crypto. You have to pay attention to the nuances to piece together the master plan. It’s all coming together. <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> <a href="https://t.co/PMMaAtq9qW" rel="noopener noreferrer nofollow">pic.twitter.com/PMMaAtq9qW</a>
 — Rocky Morningside (@Jabeoux) <a href="https://twitter.com/Jabeoux/status/1838091868405379442?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 23, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Harris also briefly reiterated her position on crypto in an economic <a href="https://kamalaharris.com/wp-content/uploads/2024/09/Policy_Book_Economic-Opportunity.pdf" rel="noopener noreferrer nofollow">plan</a> that was released alongside her Sept. 25 speech. In the plan, “digital assets” were referenced in a single sentence, with Harris’ administration saying they will protect consumers and investors while still allowing development in innovative technologies.
<h2 id="span-style-font-weight-400-experts-try-to-gauge-what-impact-the-election-outcome-will-have-on-crypto-prices-span">Experts Try To Gauge What Impact The Election Outcome Will Have On Crypto Prices</h2>
Analysts have mixed views on how the outcome of the presidential election will affect the crypto market. Asset manager VanEck said in a Sept. 19 research <a href="https://www.vaneck.com/us/en/blogs/digital-assets/matthew-sigel-vaneck-mid-september-2024-bitcoin-chaincheck-1-year-review-edition/#impact-of-election" rel="noopener noreferrer nofollow">note</a> that a Harris win might be “better” for the crypto space than if Trump were to take the White House for a second term.
VanEck added that a Trump victory is “generally bullish” for the crypto ecosystem given the potential deregulation of digital assets that might happen if he becomes president.
Meanwhile, analysts from <a href="https://insidebitcoins.com/news/bitcoin-could-hit-90k-if-donald-trump-becomes-president-plunge-to-30k-if-its-kamala-harris-bernstein-says" rel="noopener noreferrer nofollow">Bernstein predicted </a>in a Sept. 9 note that a Trump victory could be a more favorable result for the market, and forecast that it could push the price of Bitcoin to as high as $90K by the end of the year. In a converse scenario, BTC could plunge to as low as $30K if Harris wins, according to the analysts.
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Kamala Harris Vows To Keep The US Dominant In Blockchain Technology

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