President Biden's re-election campaign has been reaching out to cryptocurrency industry leaders, seeking advice on crypto community and crypto policy. Biden has previously said he would veto the repeal of SAB 121, an SEC ruling making crypto asset custody complex for institutions to offer. This change in tone comes after the Trump campaign's pro-crypto rhetoric, which includes accepting crypto donations, protecting the right to self-custody, and anti-CBDC remarks.
Friday, May 31, 2024The White House Creator Economy Conference invited 100 creators and industry pros to hear concerns about AI, compensation, and the impact of social media on mental health. President Biden recognized creators as influential new media sources and emphasized their role as top job aspirations. Marketers were advised to adapt and invest in becoming "creator ready", addressing concerns about TikTok regulations and the need for more social platform competition.