On September 23, Kamala Harris, the US Vice President and next presidential candidate, made her first statement on cryptocurrency as a presidential candidate at a fundraising event on Wall Street. What did she say? In short: if elected, she will encourage the development of the cryptocurrency industry. This sentence sounds simple, but the meaning behind it is profound!
Let's interpret the key points of this news:
Changing policy attitudes
Harris's statement marks a potential shift in the attitude of the US top brass towards cryptocurrencies. It should be noted that the US government's attitude towards cryptocurrencies has always been cautious. Now that a presidential candidate publicly supports it, this is undoubtedly a huge signal.The balance between innovation and regulation
Harris emphasized the need to protect consumers and investors while encouraging innovation. What does this mean? It is likely that a more regulated and healthier market environment is coming. Think about it, if there is a clear regulatory framework, will those large institutional investors who have been waiting on the sidelines have more confidence to enter the market?Historic opportunity
Looking back at history, whenever there is major good news, the crypto market always rises sharply. For example, Japan recognized Bitcoin as a legal payment method in 2017, and PayPal opened crypto transactions in 2020. These events have triggered a sharp rise in the market. Now, a candidate who may become the US president has expressed his support. Will this be the beginning of the next bull market?Global competition landscape
Harris mentioned investing in the competitiveness and future of the United States. In the current context of fierce global technological competition, cryptocurrency and blockchain technology are likely to become important areas for the United States to maintain its technological leadership. This may mean more policy support and financial investment.chain reaction
A presidential candidate's statement may trigger a chain reaction. Will other politicians follow suit? Will large technology companies and financial institutions accelerate their layout? These are all worth our close attention.
In general, Harris's statement is like dropping a bombshell on a calm lake. Although the splash has not yet fully appeared, the ripples have begun to spread. As a veteran in the cryptocurrency circle, I suggest that everyone pay close attention to subsequent developments, but at the same time, stay rational and do a good job of risk management.
After all, opportunities and risks coexist. We should be full of expectations for the future, but also stay sober at all times. In any case, interesting times have arrived. Let us witness history together!
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The above content is for information sharing only and does not constitute any investment advice! Investment is risky, so be cautious when entering the market!
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