U.S. Congressman Ro Khanna to Host Bitcoin and Blockchain Roundtable in Washington D.C.
In a groundbreaking move, 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. The event, described as “the most significant meeting between policymakers and innovation leaders in blockchain to date,” will bring together officials from the Biden Administration, House, and Senate, as well as American businessman Mark Cuban.
The primary objective of the roundtable is to strategize on how to “keep Bitcoin and blockchain innovation in the United States,” in response to former President Donald Trump’s recent endorsements of the Bitcoin industry. Trump, who has become the first President to accept Bitcoin Lightning payments for campaign donations, has pledged to “end Joe Biden’s war on crypto” and ensure that the future of Bitcoin and crypto will be made in America.
The Biden Administration has taken a hostile stance toward the Bitcoin and crypto industry in recent years, with President Biden vetoing legislation that would have allowed highly regulated financial institutions to custody Bitcoin and cryptocurrencies. The Department of Justice has also arrested the founders and CEO of the Samourai wallet, a popular Bitcoin mixing service, on charges of money laundering.
However, this upcoming roundtable signals a potential shift in Washington’s approach to the crypto industry, with the Biden Administration reportedly in talks to accept crypto donations through Coinbase Commerce. The event could represent a warming of sentiment among democrats, given Khanna’s party affiliation.
Overall, the Bitcoin and blockchain roundtable hosted by Congressman Ro Khanna is poised to be a pivotal moment in the ongoing conversation surrounding cryptocurrency regulation and innovation in the United States.
