Will Biden Get the Final Say Over a Controversial Crypto Accounting Rule?
[May 9 1:45 PM] Critics of SAB 121, introduced in March 2022, have called the rule “obscure,” a “diktat” and a “pernicious weed.”
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Wyoming Senator Slams DOJ’s Take on Non-Custodial Crypto Software, Vows to Protect User Rights
[May 1 11:35 PM] Wyoming’s Republican Senator Cynthia Lummis has responded to the Department of Justice’s (DOJ) latest argument regarding non-custodial software. Lummis’s remarks follow the DOJ’s reply brief on the indictment against Tornado Cash developer…
Republican Lawmakers Introduce Legislation to Ban a CBDC in the U.S. ... Again
[Feb 27 2:51 AM] Another group of Republican lawmakers has introduced legislation to block efforts to introduce a digital dollar.
Did President Biden Just Endorse Bitcoin?
[Feb 12 2:16 PM] The octogenarian politician is sporting laser eyes on Twitter, seemingly unaware it is a symbol of support for the cryptocurrency.
Bitcoin Mining and the Politicization of a Once Reputable Federal Agency
[Feb 8 12:24 PM] The Department of Energy's statistics wing is feigning an "emergency" to attack legitimate U.S. businesses and score political points, Texas Blockchain Council President Lee Bratcher and Chamber of Digital Commerce CEO Perianne Boring write.
EIA Launches ‘Emergency Survey’ on Crypto Mining’s Power Use Amid Concerns of Alleged ‘Public Harm’
[Feb 1 10:30 AM] The U.S. Energy Information Administration (EIA) has gained clearance from the Office of Management and Budget (OMB) to conduct an urgent survey regarding electricity usage by cryptocurrency mining firms across the U.S. The EIA submitted this…
Polymarket Traders See 55% Chance of Second Trump Presidency
[Jan 29 11:56 PM]
Skybridge Capital’s Anthony Scaramucci States Biden’s Anti Crypto Policies Will Cost Him the Election
[Jan 11 3:30 AM] Anthony Scaramucci, founder of Skybridge Capital, a private global investment firm, believes that the anti-crypto policies brought by the Biden administration might affect the outcome of the upcoming elections. He states that 52 million Americans…
No, a Trump Victory Might Be Bad for Crypto
[Jan 9 3:13 PM] A response to Politico’s article predicting good times if the ex-POTUS wins re-election.
Moody’s Downgrades US Credit Rating to ‘Negative’ on Fiscal Deficits and Debt Concerns
Biden Administration Seeks More Tools to Combat Illicit Crypto Use, Says Treasury Official
FTX and the Case for Web3 YIMBYism
[Nov 1, 2023 10:20 AM]
Crypto-Terrorism Concerns? Senator Warren And 100 Lawmakers Push Biden For Swift Response
[Oct 18, 2023 4:00 PM] In the middle of escalating tensions between Israel and Hamas, over 100 legislators, led by Senators Elizabeth Warren and Roger Marshall and Representative Sean Casten, have issued a bipartisan note urging the Biden administration to address…
An Open Letter to President Biden Regarding Bitcoin Mining
[Aug 29, 2023 2:07 PM]
Robert Kennedy Jr. Warns How Nuclear War Between US and Russia Would Affect You
[Aug 8, 2023 7:30 PM] U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has warned of severe consequences of a nuclear war between the U.S. and Russia. In one estimate, more than five billion people could die from a war between the two nations, including…
Saudi Arabia Extends Oil Production Cuts, Further Irking US Officials
[Aug 3, 2023 11:30 AM] Saudi Arabia announced it will continue limiting oil production through September, extending output reductions that have drawn criticism from Washington. Riyadh Holds Firm on Oil Output Limits Saudi Arabia said Thursday it will keep oil production…
Yellen Champions Ukraine Support as ‘Single Best Thing We Can Do for the Global Economy’ Ahead of G20 Summit
[Jul 16, 2023 2:00 PM] Janet Yellen, serving as the 78th U.S. Treasury secretary, emphatically declared on Sunday that bolstering Ukraine represents “the single best thing we can do for the global economy.” Furthermore, Yellen expressed caution regarding the…
US DoJ Goes After Rogue Exchanges As Crypto Crimes Grow ‘Significantly’
[May 15, 2023 3:00 AM] Eun Young Choi, the first director of the National Cryptocurrency Enforcement Team (NCET), has told reporters that crypto-related crimes have risen significantly in recent years. Through her team, the United States Department of Justice (DoJ) now…
The Reactionary Political Theater of CBDC Bans
[May 4, 2023 12:38 PM] The jury is out on whether the benefits outweigh the risks of central bank digital currencies, but stymying research and passing premature legislation comes with its own harms.
White House Pushes DAME Tax Proposal to Address Alleged Environmental Costs of Crypto Mining
[May 3, 2023 2:30 PM] On May 2, 2023, the Biden administration unveiled a blog post outlining the Digital Asset Mining Energy (DAME) tax, featured in the president’s comprehensive 182-page budget proposal for the fiscal year 2024. The DAME tax targets…
RFK Jr. Raises Crypto Taxes, Regulation as Issues in Opening Days of 2024 Presidential Race
[May 3, 2023 1:33 PM] Robert F. Kennedy Jr., the latest presidential candidate from one of the most famous U.S. political families, is introducing a number of crypto issues in his newly announced campaign to challenge Joe Biden.
Biden Administration Proposes 30% Tax On Energy Used By Bitcoin Miners
[May 3, 2023 10:06 AM] The Digital Asset Mining Energy excise tax would harm businesses and push innovation out of the United States. The President's new budget proposal for Fiscal Year 2024 includes the Digital Asset Mining Energy (DAME) excise tax, which would require…
President Biden's New Communication’s Director Owns $50k-$100k Worth Of Bitcoin
[Apr 24, 2023 1:19 PM] According to a disclosure, Ben Labolt owns at least one bitcoin, and will be unable to serve in relation to matters related to past clients.President Biden’s new communications director, Ben LaBolt, owns $50,000-$100,000 worth of bitcoin according…
Republicans Seek to Repeal Biden’s Inflation Reduction Act in Exchange for Raising US Debt Limit
US Presidential Candidate RFK Jr. Says Bitcoin Provides An ‘Escape Route’ From Financial Turmoil
[Apr 11, 2023 8:00 AM] On Monday, Robert F. Kennedy Jr. once again cautioned the public to be wary of central bank digital currencies (CBDCs), and he insisted that the Biden administration has launched a “steady barrage of hostile broadsides against…
US-Saudi Tensions Escalate as Report Says Crown Prince Is No Longer Interested in Pleasing the United States
[Apr 4, 2023 1:30 PM] After Saudi Arabia and members of the Organization of the Petroleum Exporting Countries (OPEC) surprised the world by announcing cuts to oil production, a spokesperson for U.S. president Biden’s National Security Council stated that reducing…
Saudi Arabia and OPEC Reveal Surprise Oil Production Cut; White House Insists Cuts Aren’t Advisable Right Now
[Apr 2, 2023 5:30 PM] On Sunday, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May and continuing until the end of 2023. According to the Saudi Energy Ministry, the move was…
Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses
White House Releases Economic Report On Bitcoin: Here's What They Got Wrong
[Mar 22, 2023 11:11 AM] The latest report from the Biden Administration writes off the benefits of Bitcoin while ignoring the fundamentals and economic activity that give it value.The White House has released the extensive “Economic Report of the President,” which…
US Senator Ted Cruz tries again with new bill to block CBDC
[Mar 21, 2023 11:56 PM] Ted Cruz said it is “more important than ever” to ensure the financial privacy of American citizens is preserved.