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The White House holds important talks with the encryption industry, and the vice president's team is actively preparing for the 2024 election.
Senior Officials from the White House Hold Important Talks with Leaders of the Encryption Industry: The Vice President's Team Engages in Active Communication
Recently, important officials from the White House held another meeting with high-level figures from the encryption industry. On Thursday morning, a highly anticipated online roundtable was organized by a California Democratic Congressman. Government representatives attending the meeting included the Deputy Secretary of the Treasury, the Director of the National Economic Council, the Deputy Chief of Staff at the White House, and the notable Senior Advisor to the Vice President and Director of Legislative Affairs.
In the field of encryption, attendees include executives and founders from several well-known companies, such as leaders from a certain payment company, a certain decentralized exchange, and a certain stablecoin issuing organization, as well as some notable investors and former government officials.
Although the scale of this meeting was relatively small, it was considered particularly important due to the participation of senior officials from the Ministry of Finance and the National Economic Committee. According to informed sources, while there were some expressions of dissatisfaction during the meeting, the main discussion focused on the application scenarios of the encryption industry, policy impacts, and the key areas that regulatory agencies should pay attention to. Government officials showed a strong interest in the industry, which is seen as a key factor in driving policy progress.
The legal supervisor of a certain cryptocurrency trading platform urged the White House to support relevant legislation at a meeting, emphasizing that current policies are inadequate to address industry development, and the White House should publicly support the bipartisan market structure bill passed by Congress.
Meanwhile, a grassroots organization called Crypto4Harris plans to hold a conference next week, inviting industry leaders to speak. The organization stated that the cryptocurrency community is forming a force to support the vice president, aiming to maintain the United States' leading position in the field of digital assets.
The Vice President recently officially announced participation in the 2024 election. Although their encryption stance is still unclear, their campaign team has recruited advisors with encryption backgrounds. These individuals have rich experience in both the encryption industry and government sectors, and are expected to play an important role in formulating relevant policies.
The 2024 U.S. presidential election will mark the first time that encryption issues play an important role in a presidential election. Currently, the Republican Party has taken measures to attract support from the encryption community, while the Democratic Party is under pressure to establish a clear stance. Some analysts believe that the vice presidential team has an opportunity to gain industry support by endorsing existing encryption legislation, which could influence the electoral situation in key states.
According to data from a certain prediction market, the support rates of the vice president and the Republican candidate are currently very close. Both candidates have agreed to participate in a televised debate in September, and whether encryption topics can become the focus of the debate is highly anticipated.