U.S. Congressman Ro Khanna, representing California’s 17th congressional district, is set to host a Bitcoin and blockchain roundtable in Washington D.C. in early July, according to a private email sent by Khanna’s Office, seen by Bitcoin Magazine.
Khanna’s Office described the upcoming meeting as “the most significant meeting between policymakers and innovation leaders in blockchain to date.”
According to an email, the roundtable will feature representatives from the Biden administration, House and Senate as well as American businessman Mark Cuban. It is the primary purpose of this meeting to develop strategies on how to protect our environment. “Bitcoin and blockchain innovation in the United States.”
The initiative was launched in response to the recent support of Bitcoin by former president Donald Trump. Trump has recently First President in the world to accept Bitcoin Lightning as a form of campaign donation.
Trump Unveiled His Last Night pledged You can also find out more about the following: “end Joe Biden’s war on crypto” And ensure that Bitcoin and cryptocurrency will be manufactured in America. Trump has also been promoting his new ‘America First’ policy. hosted a roundtable in Mar-a-Lago with some of the nation’s largest Bitcoin miners, and committed Support Bitcoin mining in Washington D.C. as well as globally.
Since the Biden Administration took office, it has adopted a negative stance towards Bitcoin and the crypto-industry. On May 31, Biden was recently elected President. vetoed Legislation that would allow highly regulated financial Bitcoins and cryptocurrency are held by institutions.
Department of Justice, DOJ has been a part of the investigation. arrested In April this year, the Samourai wallet’s CEO and founders were charged with money laundering.
Biden is scheduled to appear in May 2023 compared Crypto traders “wealthy tax evaders” In March, the administration of President Trump was inaugurated published An economic report that is highly critical of Bitcoin, Proof of Work mining and promotes a Central Bank Digital Currency. Biden’s administration also proposed A tax of 30% on electricity for Bitcoin mining is being proposed, as it is argued that this hinders the shift to low-emission energy.
The upcoming roundtable could be a sign of a change in Washington’s attitude towards the crypto-industry, especially given Khanna’s affiliation with the democrat party.
This week it was reported that the Biden Administration is in talks to accept crypto donations through Coinbase Commerce, following Trump who also started accepted donations through Coinbase as well.
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Source: bitcoinmagazine.com