{"id":17770,"date":"2024-10-15T10:28:09","date_gmt":"2024-10-15T07:28:09","guid":{"rendered":"https:\/\/forklog.com\/en\/kamala-harris-pledges-support-for-black-investors-in-cryptocurrency\/"},"modified":"2024-10-15T10:28:09","modified_gmt":"2024-10-15T07:28:09","slug":"kamala-harris-pledges-support-for-black-investors-in-cryptocurrency","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/kamala-harris-pledges-support-for-black-investors-in-cryptocurrency\/","title":{"rendered":"Kamala Harris Pledges Support for Black Investors in Cryptocurrency"},"content":{"rendered":"<p>U.S. Vice President Kamala Harris <a href=\"https:\/\/kamalaharris.com\/agenda\/\">pledged<\/a> to support a regulatory framework for cryptocurrencies that will protect Black men investing in digital assets. <\/p>\n<p>The initiative will be part of the &#8220;Black Men\u2019s Opportunity Program,&#8221; aimed at helping them build wealth. According to the U.S. presidential candidate&#8217;s plan, over 20% of Black Americans currently own or have previously owned cryptocurrencies.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Vice President Harris values the ways in which new technologies can expand access to banking and financial services. She will ensure that digital asset owners and investors benefit from the regulatory framework and that market participants are protected,&#8221; the campaign plan states. <\/p>\n<\/blockquote>\n<p>The vice president&#8217;s team intends to provide 1 million <a href=\"https:\/\/en.wikipedia.org\/wiki\/Forgivable_loan\"><span data-descr=\"the entire loan can be forgiven if the borrower meets certain conditions. Such loans are usually provided by the government or other organizations to support business, education, or other social initiatives\" class=\"old_tooltip\">forgivable loans<\/span><\/a> of up to $20,000 to Black entrepreneurs wishing to start their own businesses. There are also plans to launch a healthcare initiative and legalize <span data-descr=\"cannabis used for personal enjoyment and relaxation, rather than for medical purposes\" class=\"old_tooltip\">recreational marijuana<\/span>. <\/p>\n<p>This is not Harris&#8217;s first comment on cryptocurrencies. In September, she stated that if elected President of the United States, she intends to &#8220;encourage innovative technologies like AI and digital assets with consumer and investor protection.&#8221;<\/p>\n<p>Later, on the evening of October 14, Harris <a href=\"https:\/\/www.coindesk.com\/policy\/2024\/10\/14\/kamala-harris-to-back-crypto-reg-framework-in-speech-today-campaign-says\/?utm_medium=referral&#038;utm_source=rss&#038;utm_campaign=headlines\">delivered<\/a> a campaign speech praising her opportunity program without providing details on what it would mean for digital assets. Cryptocurrencies or blockchain technology were not mentioned. <\/p>\n<p>In July, another U.S. presidential candidate, Donald Trump, <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-dips-to-67000-amid-trumps-bitcoin-2024-speech\">promised<\/a> to end the war on the new asset class and turn the U.S. into the crypto capital of the world if elected president.<\/p>\n<p>Back in the night of September 11, debates between Harris and Trump concluded without discussing the topic of cryptocurrencies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. Vice President Kamala Harris pledged to support a regulatory framework for cryptocurrencies that will protect Black men investing in digital assets. The initiative will be part of the &#8220;Black Men\u2019s Opportunity Program,&#8221; aimed at helping them build wealth. According to the U.S. presidential candidate&#8217;s plan, over 20% of Black Americans currently own or have [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17769,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1638,26],"class_list":["post-17770","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-kamala-harris","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/17770","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=17770"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/17770\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/17769"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=17770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=17770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=17770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}