Biden Reaches Out to Crypto Industry: A Late Shift in US Elections Strategy?
President Joe Biden's re-election campaign is making a significant move, reportedly initiating outreach to the crypto industry, according to a new report from The Block. This signals a potential shift in the administration's stance as the US elections draw closer. U.S. President Joe Biden’s election campaign is conducting outreach to learn more about the “crypto community.”
For months, the crypto industry has felt largely ignored, if not outright opposed, by the Biden administration. However, recent developments suggest a change. President Joe Biden has begun engaging with crypto industry players as part of his re-election campaign. A recent report reveals Biden seeks to understand the “crypto community and crypto policy.”
Why the Sudden Interest in Crypto?
The timing of this outreach is notable. While former President Donald Trump has been making aggressive pitches supporting the crypto industry, the Biden administration has devised its own crypto outreach. President Joe Biden’s re-election campaign has initiated outreach to cryptocurrency industry players, seeking guidance on future crypto policy, according to reports.
Could this be a strategic attempt to capture a larger share of the voter base? The crypto community represents a significant and increasingly vocal segment of the electorate, and securing their support could be crucial in a tight election race.
Is It Too Late for Biden to Win Over Crypto Backers?
Despite the outreach, some in the crypto industry say it's too little, too late. Skepticism remains high, given the administration's previous stance on digital assets. The re-election campaign team of U.S. President Joe Biden has started reaching out to key figures and entities in the cryptocurrency industry, a new report revealed. President Joe Biden’s re-election campaign has begun reaching out to cryptocurrency industry players, seeking guidance on crypto community and crypto policy.
Will Biden’s last-minute charm offensive be enough to sway the opinions of crypto enthusiasts? Only time will tell.
The Role of Crypto PACs in the 2024 Election
The influence of cryptocurrency-related Political Action Committees (PACs) is also growing. In December 2025, in order to gain a toehold in the political sphere, a group of three affiliated super political action committees (PACs) backed by prominent figures in the crypto industry are becoming more active. The outcome of the US elections could significantly impact the future of cryptocurrency regulation in the United States. The next few months will be crucial in determining how crypto plays a role in the election.