Harris crypto regulation plan draws criticism, but also optimism

On October 19th, the Democratic presidential candidate Harris' campaign team released an outreach agenda in an effort to win support from black male voters. This includes a commitment to develop cryptocurrency regulation policies to protect the investment of digital assets for black men. This is the most specific statement to date from the current Vice President, who took over from Biden in July and has had less focus on cryptocurrency than her Republican opponent, former President Trump. The Harris campaign team's move this week has received mixed reactions. While some cryptocurrency investors and industry insiders appreciate Harris' stricter language on cryptocurrency regulation, others criticize the language as specifically targeting black men. Research shows that over a quarter of black Americans own cryptocurrency, compared to only around 15% of white Americans, making cryptocurrency more easily accepted. Dr. Emdad, Director of the Blockchain and Financial Technology Research Center at Morgan State University, said, "People have been waiting for this, and I think it's a bit late - but in any case, this statement is necessary."