Two more crypto bills in the US: Law Decoded, July 17–24
[Jul 24, 2023 2:30 PM] Last week was marked by two new legislative initiatives for the crypto industry in the United States.
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AI companies commit to safe and transparent AI — White House
[Jul 22, 2023 1:05 AM] The Biden Administration emphasized the responsibility of AI companies to ensure their products are safe for use.
Robert F. Kennedy Jr. invested up to $250,000 in Bitcoin after Miami's conference
[Jul 9, 2023 10:48 AM] The recent investment disclosure contrasts with his claims in May that he was not an investor in Bitcoin.
Balaji Srinivasan Highlights De-Dollarization Past of Biden’s Top Economist
[Jun 22, 2023 1:30 AM] Former Chief Tech Officer at Coinbase, Balaji Srinivasan, took to Twitter to remind his followers about Jared Bernstein’s earlier stance on de-dollarization. The angel investor sees logic in views that the new White House top economist has now…
Biden, Republicans Strike Tentative Deal to Raise US Debt Ceiling
Governor Ron DeSantis Signs Bill Prohibiting Use of Central Bank Digital Currencies in Florida
[May 12, 2023 6:00 PM] On Friday Florida’s governor Ron DeSantis signed legislation that bans the use of a central bank digital currency (CBDC) in the state. Following the bill SB 7054 being signed into law, Florida’s Uniform Commercial Code (UCC) now explicitly forbids…
President Biden announces nominations for key positions at Federal Reserve
[May 12, 2023 11:20 AM] Leadership at the Fed will likely have an impact on how the U.S. government handles the potential issuance of a central bank digital currency.
Argentina says no to crypto payments, France tolerates ‘finfluencers’: Law Decoded, May 1–8
[May 8, 2023 2:20 PM] Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce the country’s payment-system exposure to digital assets.
White House to build international standards for DLT
[May 5, 2023 3:55 AM] The White House national strategy listed eight emerging technologies with a focus on building international standards and finding use cases in the economic sector.
US vice president gathers top tech CEOs to discuss dangers of AI
[May 4, 2023 11:44 PM] Vice President Harris gathered the heads of several AI development firms to discuss potential risks posed by the budding technology.
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…
Biden Administration Proposes 30% Tax On Crypto Mining To Counter Environmental Impact
[May 3, 2023 6:25 AM] Several US authorities have raised concerns regarding the environmental impact of crypto mining. Previously, US lawmakers probed the crypto mining energy use and environmental impact. Biden’s administration is taking these concerns to another…
White House advisors renew push for 30% digital mining energy tax
[May 2, 2023 10:50 PM] The May 2 blog post by the White House’s Council of Economic Advisers (CEA) has already attracted strong criticism from the community.
White House Pushes for Punitive Tax on Crypto Mining
[May 2, 2023 3:58 PM]
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…
Biden's comms director barred from former crypto clients: Report
[Apr 23, 2023 12:12 AM] Decentralized exchange UniSwap and venture capital firm Andressen Horowitz were revealed as former clients of LaBolt in a recently published public financial disclosure report.
U.S. Congress to introduce new draft bill for stablecoins
[Apr 15, 2023 3:00 PM] Failure to register as a stablecoin issuer could result in up to five years in prison and a fine of $1 million. Issuers out of the United States would have to seek registration to operate in the country.
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 President Joe Biden urges tech firms to address risks of AI
[Apr 5, 2023 3:11 AM] President Biden urges technology companies to prioritize secure AI products before public release, stressing the need to address potential risks to society, national security and the economy.
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…
White House report takes aim at Bybit — and forgot about Deribit
[Mar 24, 2023 5:50 PM] The White House isn’t doing any favors for derivatives traders by turning a blind eye to the biggest players in the space.
'Surgical removal' of crypto will only weaken USD dominance, commentators say
[Mar 23, 2023 9:43 PM] A day after Coinbase received an SEC Wells notice, industry commentators weighed in on what recent regulator actions mean for America's crypto future.
‘Crypto FUD’ — Industry outraged as White House report slams crypto
[Mar 21, 2023 11:26 PM] The report included 35 pages seemingly aimed at debunking the merits of crypto assets.
Biden Administration’s Economic Report Deems Crypto Assets ‘Mostly Speculative Investment Vehicles’
White House Takes Aim at Crypto in Scathing Economic Report
[Mar 21, 2023 5:17 PM] The report, authored by the White House Council of Economic Advisers, laid out a number of issues seen within the digital asset ecosystem.
Former White House Senior Advisor David Plouffe Joins Alchemy Pay Advisory Board
White House Says Biden Has ‘Confidence’ in Fed Chair Powell While Fedwatch Tool Predicts a 25bps Hike This Week
It’s ‘Critical’ Crypto Innovation Stays in U.S., Former White House Adviser Says
[Mar 20, 2023 12:15 PM] If crypto and financial developments move overseas, it could be a threat to U.S. national security, Carole House, co-author of President Biden’s executive order on crypto, said.