U.S. Congressman Ro Khanna, representing California’s 17th congressional district, is set to host a Bitcoin and blockchain roundtable in Washington D.C. in early July, according to a private email sent by Khanna’s Office, seen by Bitcoin Magazine.
Khanna’s Office described the upcoming meeting as “the most significant meeting between policymakers and innovation leaders in blockchain to date.”
According to an email, the roundtable will feature representatives from the Biden administration, House and Senate as well as American businessman Mark Cuban. This meeting’s primary goal is to discuss ways to maintain the integrity of our democracy. “Bitcoin and blockchain innovation in the United States.”
The initiative was launched in response to the recent support of Bitcoin by former president Donald Trump. Trump has recently The first president to accept Bitcoin Lightning payment for campaign contributions.
Trump, Last night pledged The following are some of the ways to get in touch with us: “end Joe Biden’s war on crypto” And ensure that Bitcoin and cryptocurrency will be manufactured in America. Trump had also made a similar statement earlier this week. hosted a roundtable in Mar-a-Lago with some of the nation’s largest Bitcoin miners, and committed Support Bitcoin mining in Washington D.C. as well as globally.
The Biden administration has been hostile to the Bitcoin industry for the last four years. On May 31, Biden was recently elected President. vetoed Legislation that would allow highly regulated financial institution to custody Bitcoin and cryptocurrency.
Department of Justice has also arrested In April this year, the Samourai wallet’s CEO and founders were charged with money laundering.
Biden will be in office until May 2023. compared Crypto traders “wealthy tax evaders” His administration took office in March published An economic report that is highly critical of Bitcoin, Proof of Work mining and promotes a Central Bank Digital Currency. Biden administration has also proposed A tax of 30% on electricity for Bitcoin mining is being proposed, as it is argued that this hinders the shift to low-emissions energy.
The upcoming roundtable could be a sign of a change in Washington’s attitude towards the crypto-industry, especially given Khanna’s affiliation with the democrat party.
This week it was reported that the Biden Administration is in talks to accept crypto donations through Coinbase Commerce, following Trump who also started accepted donations through Coinbase as well.
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: bitcoinmagazine.com
