Informed sources: Biden campaign shifts stance, starts reaching out to crypto industry point person

US President Joe Biden's re-election campaign has begun reaching out to point persons in the cryptocurrency industry for guidance on "the crypto community and crypto policy moving forward," according to people familiar with the matter. This marks a major "shift" in the administration's previous cool approach to the industry, the sources said.
According to sources, the engagement effort that began about two weeks ago marks a dramatic change in the Biden campaign's approach to digital asset leaders. As part of this new initiative, Biden's reelection team has called crypto industry leaders who were previously rejected by Democratic candidates, according to one source.