According to Foresight News, the crypto policy organization CEDAR said Biden's withdrawal from the election provides a new opportunity for senior Democratic Party officials to embrace blockchain technology.

CEDAR noted that while Secretary Gary Gensler and Senator Elizabeth Warren may have misled White House policy in the past, now is the time for a new vision for American innovation.

This new vision can preserve America’s innovative jobs, ensure the global competitiveness of digital assets, and herald a new era of financial inclusion and prosperity.