The Harris cryptocurrency regulatory plan has sparked criticism but also brought optimism

ChainCatcher news, according to Decrypt, in a bid to gain the support of Black male voters, Democratic presidential candidate Harris's campaign team released an outreach agenda this week, which includes a commitment to develop cryptocurrency regulatory policies to protect Black men investing in digital assets.

This is the most specific statement from the current Vice President so far, as her campaign has shortened since she took over from Biden in July, with far less focus on cryptocurrency compared to her Republican opponent, former President Trump.

Harris's campaign team's actions this week have elicited mixed reactions. While some cryptocurrency investors and industry insiders appreciated Harris's tougher rhetoric on cryptocurrency regulation, others criticized the wording as specifically targeting Black men.

"Research shows that over a quarter of Black Americans own cryptocurrency, while only about 15% of whites do, so cryptocurrency is more readily accepted," said Dr. Emdad, director of the Blockchain and Fintech Research Center at Morgan State University. "People have been waiting, and I think it's a bit late—but nonetheless, this statement is necessary."