🔥 News from the world of cryptocurrency! US President Joe Biden is beginning to engage with key players in the crypto space, possibly softening his recent crypto policies.
• Biden supports the SEC's controversial tax and regulatory requirements for cryptocurrencies, which many in the industry have criticized as impractical and harmful.
• Three political committees have teamed up to create a super PAC aimed at funding pro-cryptocurrency politicians.
• Biden appears to be starting conversations with crypto institutions and experts to discuss the nature of crypto regulation.
👀 All eyes are now on the Biden administration to see if new statements will be made that will provide greater clarity on the current stance on taxes and regulation of cryptocurrencies.
Your thoughts? Let's discuss in the comments! 💬