{"id":133029,"date":"2024-07-13T17:00:06","date_gmt":"2024-07-13T14:00:06","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=133029"},"modified":"2024-07-13T12:28:29","modified_gmt":"2024-07-13T09:28:29","slug":"biden-administration-participates-in-crypto-meeting-with-industry-leaders","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/biden-administration-participates-in-crypto-meeting-with-industry-leaders\/","title":{"rendered":"Biden Administration Participates in Crypto Meeting with Industry Leaders"},"content":{"rendered":"<p>The <strong><a href=\"https:\/\/cryptodnes.bg\/en\/democrat-hosts-crypto-roundtable-with-industry-leaders-to-talk-about-regulation\/\">event<\/a><\/strong> was attended by celebrities including Senator Kirsten Gillibrand, Mark Cuban, Ripple CEO Brad Garlinghouse, Coinbase Chief Legal Officer Paul Grewal, and a senior aide to President Biden.<\/p>\n<p>Overall, the <a href=\"https:\/\/www.foxbusiness.com\/politics\/crypto-leaders-meet-biden-adviser-lawmakers-address-regulatory-tensions\" target=\"_blank\" rel=\"nofollow\"><strong>meeting<\/strong><\/a> highlighted both the Biden administration\u2019s willingness to engage with the crypto industry and the ongoing political divide over how to regulate this emerging sector.<\/p>\n<p>During the meeting, Paul Grewal praised the Biden administration\u2019s efforts to engage with crypto industry stakeholders and understand the challenges they face.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/crypto-investors-may-be-disappointed-q3-according-to-coinbase-analysts\/\" title=\"Crypto Investors May be Disappointed in Q3, According to Coinbase Analysts\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/02\/crypto-coins-3-1-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Crypto Investors May be Disappointed in Q3, According to Coinbase Analysts<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>He pointed out that the meeting was largely a \u201c<em>listen and learn<\/em>\u201d sort of thing, with Biden\u2019s senior adviser Anita Dunn devoting more than an hour to listening, asking questions, and expressing a genuine commitment to continuing the dialogue, rather than simply wrapping up the session.<\/p>\n<p>Sheila Warren, CEO of the Crypto Innovation Council, echoed this sentiment, noting Dunn\u2019s high level of engagement and active participation during the session. She noted that such engagement from a government official at Dunn\u2019s level for over an hour is significant and unusual.<\/p>\n<p>Ripple CEO Brad Garlinghouse, however, pointed to the broader Democratic Party\u2019s generally hostile stance toward the crypto industry, which he said threatens its survival.<\/p>\n<p>Garlinghouse criticized support for SEC Chairman Gary Gensler\u2019s aggressive regulatory approach, which he described as sabotaging American innovation in the crypto space.<\/p>\n<p>He contrasted this with the Republican Party\u2019s pro-crypto stance, suggesting that voters are paying attention to these different approaches and calling for thoughtful action, not just words.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On June 10, Democratic Representative Ro Hanna of California hosted an important meeting on crypto in Washington, DC.<\/p>\n","protected":false},"author":3,"featured_media":32040,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[],"class_list":["post-133029","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Biden Administration Participates in Crypto Meeting with Industry Leaders<\/title>\n<meta name=\"description\" content=\"On June 10, Democratic Representative Ro Hanna of California hosted an important meeting on crypto in Washington, DC.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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