President Joe Biden has tapped Jerome Powell to serve another four-year term as the chair of the Federal Reserve System’s Board of Governors. In a Monday announcement, the White House announced President …
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Hillary Clinton: “Bitcoin is able to destabilize global currencies”
Former Secretary of state under the Obama administration, Hillary Clinton, has come out strongly against bitcoin and cryptocurrency, citing its threat to the dollar’s status as a reserve currency, at …
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The city of Williston sets up Bitcoin ATM in airport after cryptocurrency payment adoption
North Dakota’s City of Williston continues its exploration and adoption of the cryptocurrency industry with the installation of a crypto automated teller machine (ATM) in its international airport. The city’s …
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10 members of the US Congress say current crypto tax rules can kill industry innovation
While the Infrastructure Investment Act has garnered accolades from several key players, the cryptocurrency ecosystem has kicked against a certain provision embedded within the law. A group of lawmakers voices …
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U.S. House of Representatives gives cryptocurrency a gift of recognition & a moral win
Last week, the U.S. House of Representatives passed a bipartisan $1.2 trillion infrastructure bill that includes the controversial cryptocurrency tax reporting requirement. President Joe Biden will now sign the bill into law. …
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Philadelphia announced an initiative to bring blockchain to the city government
City of Philadelphia Chief Innovation Officer Mark Wheeler announced an initiative to bring blockchain technology to city government on Monday. The project has invited people working in the blockchain and smart contracts …
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Incoming New York Mayor Eric Adams wants cryptocurrency taught in schools
New York Mayor-elect Eric Adams appears to be doubling down on his pro-crypto stance, asserting that schools should incorporate cryptocurrency studies into their curricula. Speaking during a Sunday interview with CNN’s State …
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United States Senator submits resolution to allow crypto payments in Capitol Complex
United States Senator Ted Cruz of Texas submitted a resolution on the Senate floor Monday that would require the acceptance of cryptocurrency payments at all gift shops, restaurants and vending machines located …
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Survey: Lower-paid workers are quitting jobs thanks to cryptocurrency profits
Data suggests that some low-paid members of the workforce are quitting their jobs after making life-changing crypto gains. Analytics firm Civic Science posted survey results (weighted according to United States …
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Miami’s pro-crypto mayor will become the 1st US politician to take his salary in Bitcoin
Francis Suarez – the pro-crypto mayor of Miami – vowed to receive his next paycheck entirely in bitcoin. Thus, he can become the first American politician to be paid in …
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