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Biden will participate in a bitcoin roundtable with key congressional officials in Washington, D.C

On June 16, Biden will join key congressional officials in Washington, D.C., for a bitcoin roundtable, a proposed meeting led by U.S. Congressman Ro Khanna, to discuss how to keep bitcoin and blockchain innovation within the United States. According to a private email sent by Khanna's office, seen by Bitcoinmagazine, U.S. Congressman Ro Khanna, who represents California's 17th Congressional District, will host a Bitcoin and Blockchain Roundtable in Washington, D.C., in early July. Khanna's office described the upcoming meeting as the most important meeting between blockchain policy makers and innovation leaders to date. The roundtable is expected to be attended by officials from the Biden administration, the House and Senate, and U.S. businessperson Mark Cuban. The main goal of this meeting is to develop strategies on how to keep "Bitcoin and Blockchain Innovation in America." The move is seen as a response to former President Donald Trump's recent endorsement of the Bitcoin industry. For the past four years, the Biden administration has taken a hostile stance towards Bitcoin and the crypto industry. This upcoming roundtable marks a shift in Washington's attitude towards the crypto industry, which could represent a heightened mood among Democrats given Khanna's partisanship. Earlier this week, it was reported that the Biden administration is in talks to accept cryptocurrency donations through Coinbase Commerce, after Trump also began accepting donations through Coinbase.