Is Biden Softening His Stance on Crypto? Pro-Crypto Crypto Advisor Is Back!

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In a surprising move, the Biden administration has brought back Carole House as Special Advisor for Cybersecurity and Critical Infrastructure Policy, hinting at a possible shift in its crypto policy.

Carole House, The Crypto Policy Architect: What You Should Know

Carole House played a key role in shaping President Biden’s executive order on digital assets, serving as the National Security Council’s Director of Cybersecurity and Secure Digital Innovation from April 2021 to June 2022. Her expertise was pivotal in drafting the 2022 executive order that laid down a regulatory framework for cryptocurrencies.

Is House Returning to Re-Shape the US Crypto Policy: What Do You Think?

On June 24, 2024, House announced on LinkedIn her return to government services as a special advisor at the White House National Security Council. Her comeback suggests the Biden administration might be moving towards a more proactive and less adversarial approach to crypto regulation, a significant development ahead of the 2024 presidential election.

https://www.linkedin.com/in/carole-house-47471a40

Crypto: A Hot Topic in the 2024 US Presidential Election

As the 2024 election draws near, crypto is becoming a hot topic in the political arena. US President Joe Biden is scheduled to debate Republican presidential candidate and former US President Donald Trump on June 27, and while it is uncertain if they will discuss crypto, the issue is gaining prominence. Trump, amid legal troubles, has been accepting crypto donations and vows to support the crypto industry if re-elected. His campaign has strong backing from crypto leaders like the Winklevoss twins, despite returning a $2-million Bitcoin donation due to legal limits.

Carole House’s return to the Biden administration could mark a pivotal change in the US crypto policy. With her expertise and the growing importance of digital assets in the political landscape, the administration’s stance on cryptocurrency might become more engaged and supportive as the election season intensifies.

Also Read: Here’s Why Ethereum Could Be The Best Buy Instead Of Bitcoin

Vignesh S G

Vignesh is a young journalist with a decade of experience. A proud alumnus of IIJNM, Bengaluru, he spent six years as a Sub-Editor for a leading business magazine, published from Kerala. His interest in futuristic technologies took him to a US-based software company specialising in Web3, Blockchain and AI. This stint inspired him to view the future of journalism through the lens of next generation technologies. Now, he covers the crypto scene for Coinpedia, uncovering a vibrant new world where technology and journalism converge.

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