Harris' crypto regulation plan sparks criticism, but also brings optimism
On October 19, in an effort to win over black male voters, Democratic presidential candidate Harris' campaign released an outreach agenda this week that included a commitment to develop cryptocurrency regulation policies to protect black men who invest in digital assets.
It was the most specific statement yet from the incumbent vice president, whose campaign has shortened since taking over from Biden in July and has focused far less on cryptocurrencies than her Republican opponent, former President Donald Trump.
The Harris campaign's move this week has drawn mixed reactions, with some cryptocurrency investors and industry insiders applauding Harris for his tougher language on cryptocurrency regulation, others criticising it for specifically targeting black men.
Research shows that more than a quarter of black Americans own cryptocurrencies, compared to only about 15 percent of whites, making cryptocurrencies more acceptable, continued Dr. Emdad, director of the Center for Blockchain and Financial Technology Research at Morgan State University. People have been waiting, and I think it's a bit late - but this announcement is necessary anyway.