According to BlockBeats, on July 10, The Block reported that U.S. technology industry organizations will ask President Biden to clearly express support for comprehensive cryptocurrency regulation to lead on issues of concern to young voters. In a letter to Biden, Kyle Bligen, director of financial policy, emphasized that bipartisan digital asset regulations are vital to millions of Americans, especially Generation Z and millennials. He pointed out that Biden has the opportunity to become the first president to point the way for the development of digital assets in the United States. However, he also criticized the Biden administration's uncertainty in cryptocurrency regulation, saying it harmed investors and stifled American innovation. At the same time, former President Trump positioned himself as a supporter of technological leadership and economic progress by supporting cryptocurrency.