Report Says Biden Administration, Mark Cuban, and Ro Khanna Set for Critical Crypto Roundtable
Members of the Biden administration are reportedly convening for a bitcoin and blockchain roundtable with American entrepreneur and “Shark Tank” star Mark Cuban. This news comes after presidential candidate Donald Trump vowed to “end Joe Biden’s War on Crypto.”
Reported Crypto Roundtable With Biden Administration Scheduled for July
The former 45th U.S. President, Donald Trump, has recently begun to assure bitcoin (BTC) and blockchain advocates that he would be the optimal choice for U.S. President in 2024 to safeguard these technologies. Incumbent U.S. President Joe Biden and the Democratic Party have faced accusations of choking cryptocurrency innovations, including non-custodial solutions.
As often seen with politicians, the Biden administration may be altering its position. Bitcoin Magazine has reported that California U.S. Congressman Ro Khanna is organizing a bitcoin and blockchain roundtable with members of the Biden administration. In addition, members of both the U.S. House of Representatives and Senate are expected to participate in this purported meeting. Billionaire Mark Cuban, known for his use of cryptocurrency and investments, is also set to attend, according to the report.
Whether the meeting will actually take place is still uncertain. The letter describes the roundtable as “the most significant meeting between policymakers and innovation leaders in blockchain to date.” Although Cuban is supportive of crypto and not necessarily a leader in the space, the letter does not mention any other blockchain sector representatives. The meeting is reportedly scheduled for “early July.” Cuban has warned in the past that the U.S. Securities and Exchange Commission’s (SEC) actions could cost Biden the election.
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