Harris calls for crypto regs as industry PACs dominate election spending
Reaching a coin-sensus… VP Kamala Harris’ campaign on Monday announced support for a “regulatory framework” for crypto and digital assets designed to protect investors. The crypto push is part of Harris’ “Opportunity Agenda for Black Men,” which includes legalizing pot at the federal level and providing forgivable loans for entrepreneurs. FYI: the Harris campaign said more than 20% of Black Americans own or have owned crypto.
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Joining the party: Harris hadn’t spoken much about crypto on the trail, and her proposal turned industry heads. Bitcoin and ether both climbed more than 5% on Monday.
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Promising the moon: Former President Donald Trump has promised industry-friendly regs and spoken of creating a bitcoin “stockpile.”…
