$BTC On Thursday, top representatives of the Crypto industry met with the White House officials to debate the future of cryptocurrency regulation in the United States.
The event which was hosted by Rep. Ro Khanna included representatives from the Biden administration and the crypto industry where major policies and regulations as well as some incidences like discharge of SEC Chair Gary Gensler were discussed.
Crypto Execs Push for Gary Gensler’s Removal
The meeting was attended by U. S. Deputy Secretary of the Treasury Wally Adeyemo, National Economic Council Director Lael Brainard, and White House Deputy Chief of Staff Bruce Reed. Other attendees included Kristine Lucius, Director of Legislative Affairs for Vice President Kamala Harris.
On the crypto side, Ripple’s CEO Brad Garlinghouse, Uniswap’s Hayden Adams, Circle’s CEO Jeremy Allaire and the billionaire Mark Cuban were in the meeting.
Executives of cryptocurrency companies expressed their concerns on the existing legal framework especially on the SEC in the United States of America. The conversation also addressed the potential dismissal of SEC Chairman Gary Gensler, which shows the industry’s discontent with what they consider aggressive actions towards digital assets.