What we know about Kamala Harris’ views on crypto

United States Vice President Kamala Harris is a bit of an oddity among Capitol Hill politicians: she's never had strong words for digital currencies, tokens, blockchain or NFTs.

US President Joseph Biden has had a lot to say about crypto during his time in the White House, none of which has changed in the past four years.

Candidate Harris?

But that all changed after Biden announced his intention to withdraw from the upcoming presidential election. While there is no guarantee the vice president will get the Democratic nomination, he has already endorsed Harris.

If Harris were to get the nomination, she would still face former US President Donald Trump, who bombarded crypto – before him, as of late.

Since Trump is scheduled to speak at a Bitcoin conference on July 27, the venue plans may become less clear in the coming weeks. But in the meantime, it is safe to assume that he is at least pro Bitcoin.

The question becomes: What happens to crypto if Harris wins?

President Harris?

Just because we don't know her official position doesn't mean we can't gather some details on what she might look like.

For starters, there's good reason to believe you can stay on course. Generally, her donors and supporters come from his camp, as her political wagon is hitched to Biden. It may be easier for “President Harris” to make changes to the status quo than “Candidate Harris.”

Also of note, Harris and her husband are both highly invested, but do not own any digital assets, according to the White House's 2023 financial disclosure.

This stands out because, based on the description, even though they are connected to Silicon Valley, they have little curiosity about digital assets. Harris, a California native, has been seen as one of the more tech-friendly Democrats to rise to prominence in recent years, albeit with a somewhat cautious stance on AI.

Perhaps her eschewing of cryptocurrency is just that: a dismissal of the technology itself. If that's the case, we'd expect her to embrace anti-crypto support as her campaign unfolds.

Finally, it's worth considering the razor-thin margins between Trump and Biden's support before the latter drops out of the 2024 race. Assuming Harris needs to scramble and gain a few percentage points to secure her nomination, the real question is whether a pro-Crito exit will benefit or hurt Trump.

Related: Trump's VP pick, JD Vance, could mean a new era for crypto