Biden to attend Bitcoin roundtable in Washington

Biden will participate in a Bitcoin roundtable with major congressional officials in Washington D.C. The proposed meeting, led by U.S. Congressman Ro Khanna, will discuss how to keep Bitcoin and blockchain innovation within the United States. U.S. Congressman Ro Khanna will hold a Bitcoin and blockchain roundtable in Washington D.C. in early July, describing it as "the most important meeting to date between blockchain policy makers and innovation leaders." The roundtable is expected to be attended by officials from the Biden administration, the House and Senate, and American businessman Mark Cuban. The main goal of this meeting is to formulate a strategy on how to keep "Bitcoin and blockchain innovation in the United States."This move is seen as a response to former President Donald Trump's recent recognition of the Bitcoin industry. For the past four years, the Biden administration has taken a hostile stance towards the Bitcoin and crypto industry. The upcoming roundtable marks a shift in Washington's attitude towards the crypto industry, and given Khanna's party affiliation, this may represent a rise in sentiment among Democrats. Earlier this week, it was reported that the Biden administration is negotiating to accept cryptocurrency donations through Coinbase Commerce, which Trump also began accepting donations through Coinbase.