Biden campaign ramps up crypto industry outreach in surprising tone 'shift'

Biden campaign ramps up crypto industry outreach in surprising tone 'shift'

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- President Joe Biden's re-election campaign has started reaching out to figures in the cryptocurrency industry for guidance on crypto community and policy.

- This marks a significant shift in the Biden administration's previously chilly stance towards the industry.

- The outreach efforts come after the Biden administration faced backlash for signaling it would veto an alleged anti-crypto bill.

- Some in the crypto sector have welcomed the Biden campaign's overtures, while others remain skeptical, viewing it as "too little, too late."

https://www.theblock.co/post/297504/biden-campaign-shifts-crypto-stance-engages-crypto-industry-presidential-elections-2024

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