In preparation for the elections, where pro-crypto Republican Donald Trump is ahead in the polls, U.S. Vice President Kamala Harris unveiled a new economic strategy focusing on crypto regulation and digital assets.
In order to improve the economic prospects available to black males, her suggestions include campaigning for the legalization of marijuana for recreational use and granting one million forgivable loans of up to $20,000 to black business owners who are eligible for forgiveness.
In addition, she made a commitment to enhance the accessibility of the cryptocurrency market for African-Americans by advocating for the establishment of a regulatory framework that would provide a higher level of investment certainty for the twenty percent of African-Americans who are active in digital assets.
Even while Harris has a higher level of favor among African-American voters in comparison to President Biden, her advantage is still rather small, and Trump’s prospects have increased by almost ten percent since the beginning of October.
Chris Larsen, one of the co-founders of Ripple, has volunteered his support for her cause by contributing one million dollars’ worth of XRP to it. Given the current circumstances, Trump has a 53.8% chance of winning, whereas Harris has a 45.5% chance of doing so.
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