Biden Officials and Industry Leaders to Join Congressman Ro Khanna for Bitcoin Strategy Roundtable in D.C.

Congressman Ro Khanna will host a critical Bitcoin strategy roundtable in Washington, D.C., next month. Biden Administration officials and industry leaders will attend the event.

Congressman Ro Khanna to Host Bitcoin Strategy Roundtable with Biden Officials, Industry Leaders

Congressman Ro Khanna will be hosting a pivotal Bitcoin strategy roundtable in Washington, D.C., next month, with Biden Administration officials and industry leaders set to attend, aiming to bolster U.S. blockchain innovation.

U.S. Congressman Ro Khanna will host a critical Bitcoin strategy roundtable in Washington, D.C., next month, with Biden Administration officials and industry leaders expected to attend the event, CoinGape learned from a private email.

The roundtable, scheduled to take place in the nation’s capital, will see representatives from the Biden Administration, Congress, and the industry come together to discuss strategies for ensuring the continued innovation and leadership of the United States in blockchain and Bitcoin technologies.

According to the email, the event is one of the largest gatherings of its kind to date, with Khanna’s office having identified this roundtable as a critical platform for policymakers and visionaries in the blockchain sector.

The roundtable follows recent actions by former U.S. President Donald Trump, who has expressed support for the Bitcoin market, including accepting Bitcoin Lightning payments for contributions to his campaigns—a first for any former president—and pledging to reverse “Joe Biden’s war on crypto” to champion the future of Bitcoin and crypto in America.

Trump last showcased his involvement in the crypto space during a roundtable meeting with prominent U.S. Bitcoin miners at Mar-a-Lago, where he voiced his support for the industry. These developments come amid the Biden administration’s efforts to strengthen its relationship with the crypto sector and the industry’s ongoing regulatory and legal challenges.

The administration’s crypto policy has shifted from the historical animosity toward cryptocurrencies—such as President Biden vetoing a measure that would have allowed financial institutions to offer crypto custody services and the arrest of prominent figures in the crypto mining industry—to the campaign reportedly discussing the possibility of accepting crypto donations via Coinbase Commerce.

This strategy aligns with Trump’s campaign, which also accepted Bitcoin donations. The involvement of figures like Mark Cuban, who recently slammed SEC Chair Gary Gensler over his approach to regulating cryptocurrencies, also suggests a potential paradigm shift. Cuban added that Gensler’s tactics could ultimately hurt Biden’s chances in the upcoming presidential election, especially among Millennial and Gen Z voters who are more familiar with crypto.

This roundtable could be a tactical move by the Democratic Party to navigate the blockchain and cryptocurrency landscape, aiming to ensure that regulatory actions do not hinder progressive advancements in the industry.

News source：https://www.kdj.com/cryptocurrencies-news/articles/biden-officials-industry-leaders-join-congressman-ro-khanna-bitcoin-strategy-roundtable.html

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