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Kamala Harris Unveils Economic Plan Supporting Crypto Regulation

15.10.2024 17:30 1 min. read Alexander Stefanov
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Kamala Harris Unveils Economic Plan Supporting Crypto Regulation

U.S. Vice President Kamala Harris has introduced a new economic plan focusing on cryptocurrency regulation and support for digital assets as she prepares for the upcoming elections, where pro-crypto Republican Donald Trump is leading in the polls.

Her proposals aim to enhance economic opportunities for Black men, including advocating for recreational marijuana legalization and providing one million forgivable loans of up to $20,000 to Black entrepreneurs.

Additionally, she pledged to improve access to the cryptocurrency market for Black Americans by supporting a regulatory framework to ensure greater investment certainty for the 20% of Black Americans involved in digital assets.

Despite Harris’s stronger popularity among Black voters compared to President Biden, her lead remains narrow, and Trump’s chances have surged by about 10% since early October.

Chris Larsen, co-founder of Ripple, has endorsed her with a $1 million donation in XRP to her campaign. As it stands, Trump holds a 53.8% winning probability, while Harris sits at 45.5%.

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

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