[Aug 7, 2023 6:30 PM] U.S. senators have pressed the Biden administration for measures to counter “serious national security threats” posed by North Korea’s dependence on cryptocurrency. According to the lawmakers, North Korea is using crypto “to evade harsh…
[Aug 7, 2023 10:29 AM] Crypto investors and their brokerages are waiting for a U.S. tax rule that will completely overhaul how they report their cryptocurrency taxes, but the government isn’t offering any straight answers about its holdup even as prominent lawmakers…
[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…
[Aug 2, 2023 7:30 PM] Fitch Ratings has downgraded the United States’ debt rating. Biden officials call the downgrade decision “bizarre and baseless.” Both the White House and U.S. Treasury Secretary Janet Yellen strongly disagreed with the downgrade decision…
[Jul 26, 2023 6:00 PM] The White House has affirmed that U.S. policy does not ask partners to choose between the U.S. and other countries, including the BRICS nations. “The U.S. does not want to limit countries’ partnership with other countries,” said Press Secretary…
[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…
[May 28, 2023 6:00 AM] The White House and House Republicans have reached an agreement in principle to raise the U.S. debt ceiling. Described by President Joe Biden as “good news for the American people,” the deal would open the door to avoiding a historic…
[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…
[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.
[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.
[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.
[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.
[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.
[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…
[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…
[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.
[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…
[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.
[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.
[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…
[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.
[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…
[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.
[Mar 21, 2023 10:30 PM] On Monday, U.S. president Joe Biden published the administration’s economic report and addressed the subject of cryptocurrencies. The section titled “The Perceived Appeal of Crypto Assets” describes the currencies as “mostly…
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