VP Harris pledges crypto support while ensuring consumer protection

At a recent Wall Street fundraiser, Vice President Kamala Harris, the Democratic nominee for President, emphasised her commitment to fostering innovation in the U.S. economy, including digital assets like cryptocurrency. 

Speaking to attendees, Harris said her administration would “encourage innovative technologies like AI and digital assets while protecting consumers and investors,” according to Bloomberg reporter Jennifer Epstein, who was present at the event. 

The fundraiser, billed as Harris’ final New York appearance before the election, drew a star-studded crowd, including celebrities such as Anne Hathaway and Whoopi Goldberg. 

Ticket prices ranged from $500 to $1 million, aimed at further increasing Harris' lead over former President Donald Trump in fundraising efforts. 

Harris’ comments highlight her vision of creating an “opportunity economy” by partnering with small businesses, labor, and major companies to invest in America's future and competitiveness. 

In addition to discussing her economic policies, Harris is expected to unveil new initiatives this week aimed at helping Americans build wealth while incentivising businesses to contribute to that goal, Reuters reported. 

Specific details on the policies remain limited, but the focus will likely include further plans to balance innovation with economic growth and consumer protection. 

Harris’ crypto-friendly stance comes as the election nears, with prediction market Polymarket showing Harris leading Trump in four out of six swing states. 

She currently holds a 52% chance of winning the presidency, compared to Trump’s 47%. 

In response, Trump has made moves to engage the crypto industry, including visiting a Bitcoin-themed (CRYPTO:BTC) bar in New York and promoting his family's World Liberty Financial project. 

However, these efforts have garnered mixed reactions within the crypto community.