Kamala Harris Could Boost Crypto and AI Policies, According to Mark Cuban

Mark Cuban has suggested that Kamala Harris might adopt a more business-friendly stance towards cryptocurrency and artificial intelligence compared to the current president.

According to a recent Politico report, Cuban believes that Harris, the current Vice President and a potential Democratic presidential candidate, would promote a more favorable policy environment for crypto and AI. He indicated that Harris might be more receptive to these sectors and supportive of policies that favor innovation and business.

Should Harris win her party’s nomination, she would face Republican nominee Donald Trump, who has shown support for digital assets. Meanwhile, President Joe Biden has ended his re-election campaign.

Cuban had previously stated that if Trump were re-elected, Bitcoin could experience significant growth. He suggested that a Trump administration could lead to changes at the U.S. Securities and Exchange Commission (SEC) that would benefit the crypto industry. Cuban also highlighted that inflation and global geopolitical uncertainties could further drive up Bitcoin’s value.

He explained that lower taxes and tariffs, combined with geopolitical instability and changes in the US dollar’s status as a reserve currency, could create favorable conditions for a rise in Bitcoin’s price.