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Excerpt from www.ibtimes.com
A technology coalition has urged U.S. President Joe Biden to promote “positive” legislation for the crypto industry ahead of the November elections.
The call from Chamber of Progress, a U.S. trade group that represents tech firms across the country, comes after Biden has refused to back down from the presidential race despite an unimpressive performance at the first presidential debate where cryptocurrency was left out of the conversation.
A snub of the emerging sector
Both Biden and Republican presidential frontrunner Donald Trump didn’t mention the crypto industry during their first debate late last month. As a result, a memecoin based on independent candidate Robert F. Kennedy Jr, $BOBBY, saw a 9.5% spike during the night of the debate. Kennedy Jr. is a known advocate for Bitcoin, the world’s largest digital asset by market cap.
