Biden Administration Will Participate in Cryptocurrency Roundtable
Date: 2024-06-17 Author: Gabriel Deangelo Categories: IN WORLD
At the beginning of July 2024, a round table dedicated to the crypto industry will be held in Washington, DC, USA. The event will bring together Biden administration officials, members of the House and Senate, and prominent entrepreneurs including billionaire Mark Cuban. The event was organized by Congressman Ro Khanna, who represents California's 17th congressional district.
Participants of the Round Table
Key figures occupying important positions in politics and business have been invited to the round table:
- Biden Administration Officials: Important officials involved in shaping government policy regarding digital assets.
- Members of the House of Representatives and Senate: Legislators who play a significant role in the development and passage of bills related to cryptocurrencies.
- Mark Cuban: A well-known entrepreneur and investor who actively advocates for the development of the crypto industry in the United States.
Importance of the Event
Congressman Ro Khanna called the upcoming event "the most important event featuring policymakers and innovation leaders in the blockchain space." Khanna, known for his support of digital assets, played a key role in promoting the FIT21 bill, aimed at regulating the cryptocurrency industry in the United States. In one of his recent publications, Khanna emphasized the need for the Biden administration to support this bill to provide clarity in the regulation of cryptocurrencies and create new jobs.
Mark Cuban's position
Mark Cuban has repeatedly expressed his position on the Biden administration's policies regarding the crypto industry. He warned that Biden's hardline policies could negatively affect his chances in the upcoming elections:
“I have said many times that Biden will have to choose between Gensler and pro-crypto voters. Otherwise, it could cost him his place in the White House,” Cuban wrote.
Cuban also criticized the chairman of the US Securities and Exchange Commission (SEC), Gary Gensler, accusing him of being unsuitable for his position.
Competition with Donald Trump
While the Biden administration and his supporters discuss the future of cryptocurrencies in the United States, Biden's closest opponent in the presidential election, Donald Trump, is actively reaching out to supporters of digital assets. Trump promised to end “Joe Biden's war on cryptocurrencies” and declared his intention to become the “first crypto president” of the United States of America. In addition, Trump supported the activities of mining companies in the country, which resonated with many participants in the cryptocurrency community.
The roundtable, organized by Ro Khanna, will become an important platform for discussing the future of the cryptocurrency industry in the United States. The participation of senior Biden administration officials, lawmakers and entrepreneurs such as Mark Cuban underscores the importance and urgency of issues related to digital asset regulation. The results of this event are expected to have a significant impact on the further development of the cryptocurrency market in the country.
