Kamala Harris: The Potential Next US President and Her Stance on Crypto

Kamala Harris, the current US vice-president, may be on track to become the next president of the United States. With President Joe Biden’s recent debate performance against Donald Trump being criticized, Harris has emerged as a top alternative for the Democratic nomination. While she has not publicly announced her bid for the presidency, she now has a 14% chance of winning the election, according to a bet on a crypto betting site.

The question of where Harris stands on crypto has become increasingly important, especially as the industry has become a hot button issue in this year’s election. While the Biden administration has been mostly adversarial towards the crypto industry, Harris’ stance remains unclear as she has never officially commented on the industry.

Despite not having exposure to the cryptocurrency sector in her financial disclosures, Harris has strong ties to the tech industry, particularly in Silicon Valley. Her nomination as vice-president was seen as good news for the tech hub, and her past hiring of Ryan Montoya, a former chief technology officer of the Sacramento Kings, suggests a potential interest in the industry.

With lobbying efforts for crypto heating up and Wall Street banks getting involved, it remains to be seen whether Harris will come out as pro-Bitcoin or follow Biden’s lead in giving crypto the cold shoulder. As the presidential race heats up, all eyes will be on Harris and her stance on the crypto industry.

In the crypto market, Bitcoin has seen a 5.2% decrease in the past 24 hours, trading at $57,200, while Ethereum has slumped 6.1% to $3,100. As the industry continues to evolve, Harris’ position on crypto could have a significant impact on its future.

For more updates on this developing story, stay tuned to DL News. If you have any tips or information regarding Harris and Bitcoin, reach out to markets correspondent Tom Carreras at tcarreras@dlnews.com.