Harris uncharacteristically supports cryptocurrency and marijuana legalization?

United States Vice President Kamala Harris continues her efforts to gain support from the cryptocurrency sector as part of her “Opportunity Economy” strategy.

On 14 October, Harris is set to meet with a group of Black entrepreneurs in Erie, Pennsylvania, where she is expected to address issues such as Black-owned small businesses, cryptocurrency regulation, and federal cannabis legalisation.

Opportunity Economy Focus

According to Cedric Richmond, a co-chair of the Harris campaign, the vice president’s agenda centres on empowering Black men economically. Richmond stated in a recent interview with a New Hampshire NPR affiliate that Harris aims to create an economy where Black men can prosper.

The vision includes equipping individuals with the means to buy homes, start businesses, and build long-term wealth.

Harris' recent focus marks a departure from her perceived anti-crypto stance, which had been a point of criticism earlier in her campaign.

Related reading：Kamala Harris vows to support crypto growth at New York fundraiser to run for US president

Crypto Support and Community Reaction

Notably, Ripple co-founder Chris Larsen donated XRP worth approximately $1 million to the Harris-Walz 2024 campaign, signalling that some within the cryptocurrency community view Harris as a candidate willing to collaborate on bipartisan digital asset regulation.

Related reading：Ripple Co-Founder Donates $1 Million in XRP to Support Kamala Harris

However, scepticism remains within parts of the cryptocurrency community. While her campaign appears to be softening on crypto, many remain cautious. Documents from the Harris campaign regarding the Erie event specify that she intends to support Black men who invest in or own cryptocurrency, indicating a focus on protecting, rather than curbing, digital asset ownership.

A Mixed Reception

Despite her outreach, not all are convinced of Harris' commitment to the industry. Her campaign’s “crypto pivot” has faced scrutiny, with some questioning the authenticity of her approach.

The overall message has, however, been more inclusive, with Harris framing her agenda as one that supports wealth-building opportunities for underrepresented communities.