VP Harris Backs Crypto, What is Next for the Future?

- Vice President Harris Advocates for Cryptocurrency and AI Technology - Wall Street Fundraiser Highlights Balance Between Consumer Protection and Innovation [Unblock Media] At a recent Wall Street fundraising event, Vice President Harris promoted the cryptocurrency industry and artificial intelligence (AI) while emphasizing the importance of consumer protection. Under her vision of a "economy of opportunity," she stated that these innovative technologies could boost America's competitiveness. "We will promote innovative technologies such as AI and digital assets while protecting consumers and investors," Harris announced. Her statements reflect recent policy changes, including President Biden's executive order on AI regulation and the approval of a Bitcoin Exchange-Traded Fund (ETF). Technologies like cryptocurrency and AI offer significant innovation but necessitate consumer protection measures to ensure security and reliability. The fundraiser was marketed as the last chance to see Harris in New York in person. The event attracted celebrities, including Anne Hathaway, Whoopi Goldberg, and Billy Porter with ticket prices ranging from at least $500 to as high as $1 million. Through this fundraiser, Harris has maintained a financial edge over former President Donald Trump. According to Polymarkets' predictive data, Vice President Harris currently leads in 4 out of 6 swing states, and her chances of winning the election are predicted to be 52%. Polymarket is a blockchain-based prediction market platform that forecasts probabilities of future events, based on collective predictions from market participants, rather than traditional polling. Under her vision of an "economy of opportunity," Harris aims for various economic actors to collaborate to create new jobs and economic growth opportunities. Examples include improving financial inclusion and supply chain efficiency using AI and blockchain technology. Her plans also aim to enhance America's competitiveness through investment in innovative technologies and economic incentives. In contrast, former President Donald Trump has shown interest in the cryptocurrency industry by visiting a Bitcoin-themed bar PubKey and unveiling details of his cryptocurrency project, "World Liberty Financial." However, security issues remain a significant concern. Past hacking incidents have raised questions about the security of platforms like Doe Finance, and current vulnerabilities could also pose problems. Vice President Harris's comments, combined with the related technological and regulatory changes and former President Trump's cryptocurrency project, indicate that the digital asset market is evolving towards a balance between innovation and regulation. As the positive impact of cryptocurrency and AI technologies on the economy continues to grow, the way these innovations evolve in terms of regulation and security will be a key factor for the market.