The Biden administration is reportedly working on an executive order emphasizing potential economic, regulatory, and national security challenges that cryptocurrencies might pose in the future. Per the Bloomberg report, the White House is formulating …
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The Biden Administration backs infrastructure bill draft posing threat to DeFi
The White House has weighed in on the ongoing infrastructure bill debates. The Biden Administration has backed an amendment to the infrastructure bill draft that could pose strict tax reporting …
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Brian Nelson prioritizes ‘new regulations’ around cryptocurrency
President Biden’s nominee for the Department of the Treasury’s under secretary for terrorism and financial intelligence labeled new regulations around cryptocurrency as a priority of his if confirmed. Brian Nelson, …
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Senator Cynthia Lummis reports on upcoming talks with Biden about Bitcoin
US Senator Cynthia Lummis said that she would hold talks with the Biden administration on the topic of Bitcoin. Calling the talks “encouraging and productive”, Lummis said the talks would …
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Bitcoin To Fall Below $50,000: A Price Correction, or a Result of Biden’s Tax Proposal?
Bitcoin’s price has fallen to approximately $48,200. That’s Bitcoin’s lowest price since March 8 and a 33% drop from its all-time high of $64,445 on April 14. Other cryptocurrencies have …
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New SEC Chief Gary Gensler May Be Biden’s Gift To Crypto Industry
In what has been a turbulent few months for digital currencies, Joe Biden’s inauguration as the 46th president of the United States has brought a potentially valuable gift to the …
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