On June 16th, it was announced that President Biden will be participating in a Bitcoin roundtable meeting with key congressional officials in Washington D.C. The proposed meeting, led by U.S. Congressman Ro Khanna, aims to discuss how to keep Bitcoin and blockchain innovation within the United States. According to a private email from Khanna’s office as seen by Bitcoinmagazine, Congressman Ro Khanna, representing California’s 17th congressional district, will be hosting a Bitcoin and blockchain roundtable meeting in Washington D.C. in early July. Khanna’s office described the upcoming meeting as the most important gathering to date between blockchain policy makers and innovation leaders. It is expected that officials from the Biden administration, the House of Representatives, the Senate, and American businessman Mark Cuban will be in attendance. The main goal of this meeting is to strategize on how to maintain “Bitcoin and blockchain innovation in the U.S.”.
This move is seen as a response to former President Donald Trump’s recent acknowledgement of the Bitcoin industry. Over the past four years, the Biden administration has taken a hostile stance towards Bitcoin and the crypto industry. The upcoming roundtable meeting signals a shift in Washington’s attitude towards the crypto industry, and given Khanna’s party affiliation, this may signify a warming sentiment among Democrats. Earlier this week, reports emerged that the Biden administration is in talks to accept cryptocurrency donations through Coinbase Commerce, following Trump’s lead in accepting donations through Coinbase.
