US Tech Giants Lobby Biden to Embrace Crypto Regulation

IconCryptoNewsTerminal Staff09 Jul, 2024

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US Tech Giants Lobby Biden to Embrace Crypto Regulation

The Chamber of Progress, a US tech coalition that includes Google, Amazon, Meta, and Apple, has urged the Biden administration to adopt comprehensive cryptocurrency regulation. They believe it's an opportunity for President Biden to showcase support for American technological innovation and economic growth. The Chamber emphasized that while former President Trump recently softened his stance on crypto, the Biden administration has the chance to provide the regulatory clarity that Americans demand. With tech titans advocating for a clear regulatory framework, the Biden administration is likely to prioritize crypto regulation in the near future.