🌎 Kamala Harris’ Crypto Stance Under Scrutiny as 2024 Race Heats Up

As Joe Biden steps aside, Kamala Harris’ stance on cryptocurrency and the views of her potential running mates come into focus.

President Joe Biden’s recent announcement that he will not seek re-election in 2024 shifts attention to Vice President Kamala Harris as the presumptive Democratic candidate. As Harris prepares for the upcoming presidential race, questions arise about her stance on cryptocurrency, an issue she has yet to publicly address.

Ryan Montoya, appointed as the director of scheduling and advance for the Biden-Harris campaign in 2020, brings a tech-savvy perspective to Harris’ circle. As the former CTO of the Sacramento Kings and an advocate for blockchain technology, Montoya’s influence suggests a nuanced approach to digital assets within the Harris camp.

Speculation surrounds Harris’ possible running mates, with their positions on crypto remaining uncertain. Pennsylvania Governor Josh Shapiro, who has endorsed Harris and urged party unity, hasn’t made specific statements on crypto despite recent state-level developments. Pennsylvania’s regulatory framework now reportedly includes “cryptocurrency” in its definition of “money” for the purposes of the state’s money transmission law.

In contrast, California Governor Gavin Newsom, another potential contender for the VP slot, has shown a proactive stance on crypto. He recently enacted legislation similar to New York’s “BitLicense,” highlighting his support for blockchain innovation.

With media reports identifying at least nine candidates in consideration for Harris’ running mate, their varied backgrounds and policy positions add complexity to the Democratic ticket. Amid this uncertainty, Harris’ relative silence on crypto contrasts with former President Donald Trump’s recent embrace of crypto support at a national level.