Crypto Industry Seeks Bipartisan Relations Ahead of 2024 Election

Reported 2 months ago

Executives from the cryptocurrency industry met with White House officials to address concerns about regulatory treatment and to foster bipartisan support as they prepare for the 2024 election. The discussion focused on advocating for favorable regulations and providing a reset in relations with the Democratic party, especially in light of the Biden administration's stance on crypto. Leaders like Coinbase's Paul Grewal emphasized the opportunity for a legislative reset and called for improved communication and regulations, while also addressing the need for a shift away from aggressive SEC enforcement.

Source: YAHOO

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