Biden will attend a Bitcoin Roundtable with key congressional officials in Washington, D.C. The proposed meeting, led by U.S. Congressman Ro Khanna, will discuss how to keep Bitcoin and blockchain innovation within the United States.
U.S. Congressman Ro Khanna will host a Bitcoin and Blockchain Roundtable in Washington, D.C. in early July, describing it as “the most important meeting between blockchain policymakers and innovation leaders to date.” The roundtable is expected to feature officials from the Biden administration, the House of Representatives, and the Senate, as well as American businessman Mark Cuban. The main goal of the meeting is to strategize on how to keep “Bitcoin and blockchain innovation in the United States.”
The move is seen as a response to former President Donald Trump’s recent endorsement of the Bitcoin industry. Over the past four years, the Biden administration has taken a hostile stance toward Bitcoin and the crypto industry. This upcoming roundtable marks a shift in Washington’s attitude toward the crypto industry, and given Khanna’s partisanship, it could represent a warming of sentiment among Democrats. Earlier this week, it was reported that the Biden administration was in talks to accept cryptocurrency donations through Coinbase Commerce, after Trump also began accepting donations through Coinbase. (Bitcoinmagazine)