Kamala Harris, aiming for the Oval Office, just shook the crypto scene with her new “Opportunity Agenda for Black Men,” a plan geared toward giving Black men in crypto the edge. It’s a wild mix of protecting investors while also promising something new for crypto’s underrepresented demographic. Why now, though? Election season is lurking, and she’s making moves to build wealth where it’s usually missing.
A Reg for Black Crypto Investors: Why?
Here’s the thing: 20% of Black Americans are already into crypto, or they’ve been there before, holding bags and hoping for those moonshots. Harris is all about making sure these Black men don’t just fall through the cracks of a market known for its volatility, scams, and shady corners. “Vice President Harris appreciates the ways in which new technologies can broaden access to banking and financial services,” her campaign says. So, she wants a regulatory framework that, at least on paper, offers some protection.
But here’s where it gets spicy: critics say this whole thing feels boxed in. Some think it misses the bigger crypto ecosystem and narrows the focus a little too much.
Cleve Mesidor Fires Back: Missed Opportunity?
Cleve Mesidor, Founder of the Nat’l Policy Network WOC Blockchain, didn’t pull punches. She’s out there saying that Harris is missing the bigger picture. Mesidor criticizes the plan for its limited scope, saying it frames crypto only around Black men and turns them into consumers, not producers or innovators. A regulatory framework, she argues, should be more about inclusion and opportunity across the whole space, not just a limited demographic slice.
So, where’s the dialogue? Mesidor and a whole crew of key players like Olayinka Odeniran and Tonya Evans from the Black Women Blockchain Council even sent Harris’ team a letter asking for a sit-down to share their recommendations. But crickets. They’re still waiting for that meeting to happen.
Trump’s Crypto Play: The Wild Card
While Harris focuses on regulating, her biggest opponent, Donald Trump, has gone in the opposite direction. He’s promised to end what he calls an “unlawful and un-American crackdown” on the U.S. crypto industry, throwing his support behind a project called World Liberty Financial. It’s all heating up, with crypto becoming a political battleground
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