As the US presidential election approaches, the battle between Harris and Trump is heating up, and the cryptocurrency industry has become a new target they are competing for.

At a fundraising event held last Sunday at Cipriani Wall Street in Manhattan, US Vice President Harris outlined her economic agenda to donors and publicly stated for the first time that if elected, she would support increased investment in the artificial intelligence and cryptocurrency industries. She vowed:

"I will convene the workforce, small business founders and innovators, and large corporations. We will work together to invest in America's competitiveness and invest in America's future. We will encourage innovative technologies such as artificial intelligence and digital assets while protecting our consumers and investors."

Currently, the cryptocurrency industry has become an important participant in the 2024 presidential election, and industry executives and investors hope to demonstrate their influence through large-scale political donations. As early as August, one of Harris's campaign policy advisors revealed, "Harris wants to help the growth of digital assets."

Trump has also publicly sent friendly signals to the industry, "calling" for the dismissal of Gary Gensler, chairman of the US Securities and Exchange Commission (SEC), and the selection of industry-friendly regulators, and the creation of a stablecoin framework, even though the chairman's term was supposed to end in 2026.

Last week, Trump paid for hamburgers at a cryptocurrency-themed bar in New York City with Bitcoin, extending an olive branch to the digital asset community, and even claimed that the "US will become the undisputed Bitcoin mining superpower in the world."

In addition, Harris' economic proposal mainly targets voters concerned about high prices. She promised to introduce a series of tax incentives and exemptions to alleviate the burden on low-income and middle-class American families. She also pledged:

We will create a safe business environment with consistent and transparent rules. We will invest in semiconductors, clean energy, and other future industries, and reduce unnecessary bureaucracy.

According to analysts, Sunday's event provided Harris with a rare opportunity to temporarily break away from the campaign and further consolidate her financial advantage over Trump. According to a campaign official, the event raised $27 million, the largest single event total since Harris became the Democratic nominee.

Editor/Somer