Biden Supports Crypto Law

Krutika Adani

US President Joe Biden has reportedly shelved his decision to veto a bipartisan crypto legislation.

The law was passed by the US Congress in a vote where it received overwhelming support.

The cozying up to crypto laws might also be a tactic to counter Donald Trump’s pro-crypto stance.

President Biden has till May 28th to veto the bill after which he might sign it into a law.

The legislation is called the Deploying American Blockchains Act of 2023.