Biden with a new move that could change the administration's attitude towards crypto

The Biden administration has reappointed Carol House as special adviser on cybersecurity and critical infrastructure policy, hinting at a potential shift in its approach to cryptocurrency strategy.

House was instrumental in shaping President Biden's executive order on digital assets during her tenure as the National Security Council's director of cybersecurity and secure digital innovation from April 2021 to June 2022. Her contributions included drafting the executive order of 2022 establishing a regulatory framework for cryptocurrencies.

On June 24, 2024, House announced his return to government service as a special adviser to the White House National Security Council. This return suggests a possible shift in the Biden administration's stance on crypto regulation toward a more proactive and less confrontational approach.

The recovery of Carroll House could mark a key shift in US crypto policy. Thanks to her expertise and the growing importance of digital assets in politics, the administration's approach to cryptocurrencies could become more proactive and supportive as the election nears.

This development has particular significance as the 2024 presidential election approaches.

Cryptocurrencies are emerging as a central issue in the upcoming 2024 US election. On June 27, President Joe Biden is scheduled to debate Republican candidate and former President Donald Trump. While it is still uncertain whether the crypto topic will take a prominent place, its growing importance in the political discourse is evident.