Biden team will boost crypto's role in US infrastructure, says Circle CEO All...

Biden team will boost crypto's role in US infrastructure, says Circle CEO All...

Allaire also sees political moderation as the best scenario for continued crypto development. One of the leaders in U.S. crypto is optimistic that the space will grow under the administration of Joe Biden governing from the middle. Jeremy Allaire, CEO of Circle, took to CNBC's Squawk Box on Monday to argue that the Biden administration will push crypto forward as part of a broad effort to update infrastructure:"I think that they will ultimately be supportive because this is an infrastructure change as big as the initial commercial internet, and they're going to be focused on infrastructure....


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