White House Hosts Crypto Leaders For Policy Dialogue – Get The Inside Scoop

Summary

Crypto industry executives clashed with top Biden administration officials in a virtual meeting hosted by Congressman Ro Khanna. The meeting aimed to regain support from the crypto industry for the Democratic Party, but tensions rose as industry representatives expressed frustration over the administration's regulatory crackdown on digital assets. Despite the heated exchanges, some participants remained optimistic about Vice President Kamala Harris gaining support from the crypto community. The total crypto market cap valuation currently stands at $2 trillion, with Bitcoin hitting a weekly high of $62,800 after a recent plunge.

Related News