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Democrat Ro Khanna Seeks to Prevent Trump’s Takeover of $2 Trillion Cryptocurrency Industry
As Donald Trump makes every effort to influence cryptocurrency industry players in his presidential campaign speeches, progressive Democrat Ro Khanna is trying to prevent Trump from taking control of the $2 trillion cryptocurrency industry.
Ro Khanna Reaches Out Crypto Industry Heavyweights
As Fox Business reporter Eleanor Terrett reported, Ro Khanna is currently reaching out to top cryptocurrency industry figures, as well as White House officials and Democratic lawmakers, inviting them to a roundtable discussion next week.
More than two dozen people are likely to attend this meeting, including billionaire Cuban Mark and a White House representative. According to Fox Business, the cryptocurrency industry representative will fly from across the US to attend the event scheduled for next Wednesday. A Biden administration attendee She said:
“They have not disclosed the location and they will not tell us who is from the Biden administration. There has been a great deal of secrecy around this.”
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Were Democrats late to the party?
Soon after President Donald Trump stepped up his presidential campaign by supporting the cryptocurrency industry, Democrats realized that cryptocurrency advocates have a major say in the near future. US Election 2024
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However, Democrats may be late to the party as cryptocurrency industry pioneers have already come out in support of Donald Trump with the likes of Jesse Powell and the Winklevoss twins who donate heavily to the Trump campaign. They have accused the Biden administration of trying to stifle cryptocurrency innovation through regulatory witchcraft over the past two years.
Trump made “ending Biden’s war on cryptocurrency” a key campaign promise, attracting many pro-cryptocurrency voters, including some who supported Biden in 2020. He also promised to support the Bitcoin Mining Industry whether he will resume the presidency after these elections.
The former president is likely to deliver a speech at the upcoming Bitcoin 2024 Conference, an industry event billed as “the world’s largest gathering of Bitcoiners,” scheduled to take place in Nashville later this month.
Read also: US Election Won’t Change Positive Crypto Regulations, Says Mike Novogratz