The Biden Administration and Congressman Ro Khanna will host a roundtable discussion on Bitcoin and cryptocurrencies in Washington, D.C., this July. This move signals the growing importance of regulating and innovating in the digital asset space.
Keeping Crypto Innovation in the US
The roundtable aims to explore ways to keep blockchain innovation and Bitcoin within the United States. Congressman Khanna’s involvement suggests a shift in Washington’s stance towards cryptocurrency.
Participants and Topics
Officials from the Senate, House, and Biden administration, as well as Mark Cuban, are expected to attend. They will discuss:
- Legal frameworks
- Economic impact of crypto assets
- Promoting innovation while protecting consumers
Biden Administration’s Involvement
The Biden Administration’s participation is a surprise, given President Biden’s previous opposition to digital assets. However, the event highlights the government’s recognition of the need for clear crypto regulations.
Biden Campaign Considers Crypto Donations
Days before the roundtable announcement, reports emerged that the Biden campaign is exploring accepting cryptocurrency donations through Coinbase Commerce. This move may be an attempt to appeal to crypto-interested voters ahead of the upcoming elections.
