Crypto Advocate Suggests Kamala Harris Avoids ‘Crypto’ in Speeches, Signaling Support for CBDC Over Bitcoin
Kamala Harris made statements to support cryptocurrencies, but many people claimed that she didn’t talk directly about cryptocurrencies. Instead, she advocated for the adoption of blockchain technology in the centralized financial system.
Today, we reported that the US Vice President and current top presidential candidate, Kamala Harris, publicly discussed crypto adoption. She promised to push the sector’s growth under a fully supportive environment while ensuring investor protection.
Many noticed that Harris failed to mention words like “Bitcoin” or “cryptocurrencies.” A popular Indian crypto influencer, with expertise in Indian law, pointed out that the Vice President seemed disinterested in supporting Bitcoin and cryptocurrency adoption. Instead, she indirectly supported using blockchain technology in the centralized financial system, such as Central Bank Digital Currency (CBDC), JP Morgan Coin, and Real World Assets (RWA) tokens.
Political pundits believe Harris’s hesitation over the crypto space could have a negative impact in the upcoming election. Meanwhile, Donald Trump is taking a more aggressive stance in promoting crypto.
Today, Trump, Kamala Harris’s biggest rival in the upcoming presidential election, highlighted the potential of the crypto sector, suggesting it could help pay off the $35 trillion national debt.
Over the past few years, Trump has engaged deeply with the crypto sector, gaining significant support from the crypto investor community. His pro-crypto stance contrasts sharply with the Biden administration’s stricter regulatory approach, positioning him as a major figure in the race for crypto supporters.
Bitcoin price action
The current trading price of Bitcoin (BTC) is $63,236, reflecting a 0.84% increase over the last 24-hour period. Notably, the price of Bitcoin surged by 8.2% in the last 7 days, indicating growing bullish sentiment.
