According to Forbes reporter Eleanor Terrett, the crypto policy group CEDAR Innovation Foundation said that President Biden's decision to step aside is a new opportunity for top Democrats to embrace cryptocurrency and blockchain technology: "While Secretary Gensler and Senator Warren may have misled White House policy in the past, this is the time to present a new vision for American innovation that will keep innovation jobs in the United States, ensure the global competitiveness of digital assets, and herald a new era of financial inclusion and prosperity."