Biden Team Steps Up Collaboration with Crypto Industry

According to journalists, the Biden administration is seeing a significant shift in approach to cryptocurrencies. The new tone of engagement demonstrates a desire to gain a deeper understanding of digital assets and their communities. As part of the election campaign, the president's team is looking for tips from experts on future crypto policy and ways to engage the crypto community.

As The Block notes, efforts to interact with the crypto industry began about two weeks ago. This comes as the administration realizes that issues related to cryptocurrencies could significantly affect the presidential race. With what promises to be a tense upcoming election, Biden's team is committed to better understanding and addressing the interests of the crypto community.

Recently, a job posting for a digital content and meme expert appeared on the Biden campaign website. The move underscores the administration's desire to reach voters through modern and popular content formats. The potential candidate for this position will be responsible for creating audience engagement content with a proposed salary of $65,000 to $85,000 per year.

At the same time, another US presidential candidate, Donald Trump, announced his intention to accept political donations in cryptocurrency. This highlights the growing importance of cryptocurrencies in the political context and intensifies the competition between candidates.

The Biden administration's focus on and increased engagement with the cryptocurrency industry demonstrates recognition of the importance of digital assets in modern economics and politics. Ahead of the 2024 elections, this approach could play a significant role in building support among voters interested in the future of cryptocurrencies.

Let us remind you that there are memocoins on the network named after Trump and Biden. We talked about them in detail in a separate article.