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Insider: Biden campaign changes stance and begins contacting key figures in crypto industry

2024-05-30 00:00
Odaily News U.S. President Joe Biden's re-election campaign has begun reaching out to key figures in the cryptocurrency industry, seeking guidance on "the crypto community and crypto policy moving forward," according to people familiar with the matter. The sources said this marks a major "shift" from the administration's previous cold attitude toward the industry. The sources said the outreach, which began about two weeks ago, marks a dramatic change in the Biden campaign's attitude toward digital asset leaders. The sources requested anonymity due to the sensitivity of the discussions. As part of the new effort, Biden's re-election team has called crypto industry leaders who were previously rejected by the Democratic candidate, according to one source. The Biden campaign did not immediately respond to a request for comment. (The Block)