Crypto executives are scheduled to meet privately “next week” with White House aides and Democratic Party Representative Ro Khanna to address pressing issues and propose policy changes.
According to a Bloomberg report, the roundtable will include high-ranking officials from Vice President Kamala Harris’s election campaign and the White House, including outgoing senior White House adviser Anita Dunn, National Economic Adviser Lael Brainard and Deputy Chief of Staff Bruce Reed.
White House engages crypto sector
The roundtable could be a sign of the administration’s willingness to engage with the cryptocurrency sector and address its concerns around policy and regulation, highlighting the growing prominence of the digital asset sector in United States politics.
The meeting follows a previous roundtable held in July, which also saw significant engagement between crypto executives and White House officials. That session included representatives from major cryptocurrency firms such as Ripple and Coinbase.
Approximately 50 million Americans have invested in digital assets, and US presidential election candidates are vying for support and donations from crypto-focused voters.
Former President and Republican Party nominee Donald Trump has sought to court the crypto community, leveraging discontent among industry leaders with President Joe Biden’s administration’s tough regulatory approach to the sector.
In a July 27 speech at the Bitcoin 2024 conference in Nashville, Tennessee, Trump pledged to transform America into a global hub for cryptocurrency and promised to dismiss US Securities and Exchange Commission Chair Gary Gensler if reelected.
Seeking to mend fences
Trump has reportedly amassed over $25 million from crypto supporters since his campaign started accepting donations in Bitcoin (BTC) and other cryptocurrencies in May.
Related: Kamala Harris supporting crypto could impact vote in key states — Think tank
In July, Harris’s advisers contacted leading crypto firms to mend the fractured relationship between the Democratic Party and the cryptocurrency sector.
Following a letter from Democratic Party…
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