Biden to Join Washington DC Congressional Leaders for Bitcoin Roundtable Discussion

On June 16th, news broke that President Biden will be participating in a Bitcoin roundtable meeting with key congressional officials in Washington D.C. Led by U.S. Congressman Ro Khanna, the proposed meeting aims to discuss how to keep Bitcoin and blockchain innovations within the United States. According to a private email sent by Khanna’s office as seen on Bitcoinmagazine, U.S. 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. Described as the most important meeting to date between blockchain policy makers and innovation leaders, the roundtable is expected to be attended by officials from the Biden administration, the House and Senate, as well as American businessman Mark Cuban. 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 endorsement 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 could represent a warming sentiment among Democrats. Earlier this week, it was reported that the Biden administration is in talks to accept cryptocurrency donations through Coinbase Commerce, following Trump’s lead in accepting donations through Coinbase.