😱🫨Biden administration contacted the crypto industry: Big change in 2 weeks
The Biden administration, which does not want to lose the presidential race to Trump, also seems to understand the value of cryptocurrencies. It has been noted that teams affiliated with #JoeBiden have held meetings with important players of the crypto industry in recent days.
“There is a big change”
According to the news from The #US media that The Block keeps its sources confidential; The Biden administration has completely changed its perspective on cryptocurrencies in the last two weeks and has held meetings with major players of the industry in this sense. Sources have stated that there has been a big change in the Biden administration's attitude to crypto, and negotiations are still ongoing.
"Crypto-related problem may cost the presidency”
It was stated that Biden and his team understand better the importance of restoring the trust of this world considering that some of the problems related to cryptocurrencies may bring loss of votes in the election, and considering that the race to be entered with Trump will go to the “extreme end”.
After the SAB 121 veto…
In fact, the Biden government has been taking a negative attitude towards cryptocurrencies recently. In fact, even though a bill that disabled the SEC's rules called SAB 121 had passed through Congress, Biden had hit his wall again. Biden had indicated he would veto the bill. However, this step faced intense backlash from the crypto industry, and the White House had to announce that it would not veto another bill called FIT21.
Trump's positive statements on cryptocurrencies have also activated the Biden administration, which thinks that the election race will be a benchmark. The news from the US, especially in the last 2 weeks, is that the Biden administration has held positive talks with the industry's players and has also received their ideas for the laws that will be passed on cryptocurrencies…
