Important White House Officials Meet Again with Executives from the Encryption Industry, Vice President’s Advisor Attends, Attracting Attention

Recently, the top of the White House held another important meeting with crypto industry leaders. The meeting was chaired by the California Democratic Representative and held in a virtual roundtable format. Attendees included the Deputy Secretary of the Treasury, the Director of the National Economic Council, the White House Deputy Chief of Staff, and the high-profile Senior Advisor to the Vice President and Director of Legislative Affairs.

In terms of the crypto industry, the participants included executives from a number of well-known companies, such as the senior management of a crypto payment company, the CEO of a decentralized exchange, and the legal director of a cryptocurrency trading platform. In addition, there are important figures in the industry such as venture capitalists and billionaires participating.

! Harris Advisors Holds Important Meeting with Crypto Industry Executives: Wooing the Crypto Community, She’s “Attacking”

It is reported that the content of the meeting discussed the application scenarios of the crypto industry, the impact of policies, and the focus of regulators. According to a source, although there were some expressions of dissatisfaction at the meeting, the overall atmosphere of the discussion was positive, involving the impact on employment and the economy.

The meeting was smaller than last month’s meeting in Washington, D.C., but it was particularly important because of the participation of heavyweight White House officials. According to the sources, these senior officials have shown a strong interest in the crypto industry, which is seen as key to driving the industry forward.

At the meeting, the general counsel of a cryptocurrency trading platform called on the White House to support legislation to regulate the cryptocurrency industry. He stressed that the current policy record is not working well and that the White House should publicly support the bipartisan market structure bill passed by Congress.

Meanwhile, a crypto advocacy group supporting the vice president is gearing up for next week’s conference, where several industry leaders will speak. The group said that the cryptocurrency community is forming a movement in support of the vice president while pushing for policy positions that favor the United States to maintain its leading position in the digital asset space.

The Vice President recently officially announced his candidacy for the 2024 presidential election. Although her current stance on crypto and blockchain is unclear, she has reportedly added advisors with a background in the crypto industry to her campaign. These advisors have held key positions on globally renowned cryptocurrency exchanges and blockchain payment companies, and are expected to provide professional advice on the development of crypto policies.

! Harris Advisors Holds Important Meeting with Crypto Industry Executives: Wooing the Crypto Community, She’s “Attacking”

Analysts believe that the 2024 U.S. election will be the first time that crypto issues will play an important role on the election stage. Currently, the Republican Party has taken steps to attract the cryptocurrency community and has included relevant content in its party platform. To avoid falling behind in this area, the vice president needs to develop his own agenda for crypto positions.

Experts note that the United States has lagged behind in cryptocurrency regulation over the past few years, while other regions such as the European Union, Switzerland, Hong Kong, and Singapore have passed legislation clarifying regulatory measures. Although the U.S. Congress has enacted relevant bills, it still faces strong opposition from some Democrats.

The view is expressed that the Vice President still has a chance to regain the initiative on this issue. The existing legislation, while not perfect, provides the necessary regulatory clarity for the industry. The move has little to no risk, but could bring significant benefits, including attracting votes and donations from crypto supporters, potentially making an impact in key states.

According to forecast market data, the vice president has a slight lead in winning the election. As the September debate approaches, it will be interesting to see if the crypto issue will be the focus of the debate.

! Harris Advisors Holds Important Meeting with Crypto Industry Executives: Wooing the Crypto Community, She’s “Attacking”