Biden Officials Slated To Attend Bitcoin Roundtable: Report

cryptonews.com:

The Biden administration is reportedly scheduled to attend a Bitcoin roundtable in early July with several lawmakers, including U.S. Congressman Ro Khanna (D-CA) and billionaire crypto investor Mark Cuban, according to documents obtained by Bitcoin Magazine on May 15.

The media outlet says it verified an email from the office of Khanna allegedly confirms the meeting, with the Khanna’s office describing it as “the most significant meeting between policymakers and innovation leaders in blockchain to date.”

According to Bitcoin Magazine , the purpose of the meeting is to “keep Bitcoin and blockchain innovation in the United States.”

Both Khanna and Cuban have advocated for regulatory reform across the cryptocurrency sector, with the Californian congressman most recently supporting the Financial Innovation and Technology for the 21st Century Act (FIT21).

Today the FIT21 bill to bring regulatory clarity & safety to blockchain technology is up for a vote. We need blockchain innovation here in America, while also creating regulatory clarity & proper consumer protections. This bill is an important step forward & I will vote yes. https://t.co/vTnKE8vkvj

— Ro Khanna (@RoKhanna) May 22, 2024

“We need blockchain innovation here in America, while also creating regulatory clarity & proper consumer protections,” Khanna said, calling the bill “an important step forward.”

Meanwhile, Cuban has echoed similar sentiments, particularly in regards to how current crypto regulations may affect the November 2024 U.S. presidential election.

Billionaire Mark Cuban suggested on June 8 that the U.S. 2024 presidential election between Republican frontrunner Donald Trump and current President Joe Biden may boil down to each candidate’s stance on