According to TechFlow, on November 7, Justin Slaughter, director of policy research at Paradigm and former senior adviser to the SEC, shared an inside message from a former Biden administration White House staffer on the social platform X, suggesting that the Democratic Party may change its tough stance on cryptocurrencies.

Slaughter quoted the anonymous former White House staffer in the post, saying: "No Democrats will fight to the death with cryptocurrencies anymore. We have too many other things to worry about, and cryptocurrencies are clearly more durable than we thought."