Kamala Harris ‘pro-crypto policy’ is yet more fake news

Another day, another fake Kamala Harris headline. Already this week, we’ve heard all about her non-appointment of Gary Gensler and her non-existent unrealized crypto gains tax, and today we have to point out that the 2024 White House hopeful hasn’t adopted a ‘pro-crypto policy.’

The US Representative for North Carolina called it “Big News” and said he was “thrilled about this important policy statement.” Users posted headlines like “Kamala Harris Promises Pro-Crypto Policies” to millions of views. For a day, X (formerly Twitter) suggested endless posts about the supposed policy shift on its Trending page.

Like so much ‘news’ that sends social media into a frenzy, however, it never happened.

Kamala Harris’ actual crypto policy

So, what did happen? Well, rather than Harris suddenly adopting a pro-crypto platform to boost her presidential campaign, Bloomberg published an article.

Specifically, behind its paywall, it ran the quote, “She’s going to support policies that ensure that emerging technologies and that sort of industry can continue to grow.”

That quote related only broadly to the ‘crypto community’ and didn’t come from Harris or her spokesperson. It was actually said by Brian Nelson, a mere campaign advisor.

Read more: Crypto runs with fake Kamala Harris-Gary Gensler news

Moreover, he provided no further information about any concrete changes — no platform documents, no written policies, and no references whatsoever.

Aware of its flimsy basis for publishing the article, Bloomberg reporters admitted that people working for Harris — not Harris — are simply ‘signaling’ that they’re ‘interested’ in ‘safeguards’ on the crypto industry.

Yes, that’s the ‘big news’ that earned millions of impressions on social media this week.

Unfortunately, with many people not bothering to read the entire article, confirmation bias did its thing and crypto fans rushed to applaud Harris for her ostensible change of heart.

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