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Bitcoin is increasingly becoming a hot-button issue among U.S. presidential candidates.
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 to a regular disclosure filed. In addition, President Joe Biden has restricted the role of LaBolt in [...]
The post President Biden’s New Communication’s Director Owns $50k-$100k Worth Of Bitcoin appeared first on Crypto Breaking News.
There has been a lot of commentary concerning the U.S. raising its debt limit, as Treasury secretary Janet Yellen said last month that a U.S. default would be “devastating,” and European Central Bank president Christine Lagarde warned it would be a “major disaster” if the U.S. defaulted on its obligations. It now appears that Republican [...]
The post Republicans Seek to Repeal Biden’s Inflation Reduction Act in Exchange for Raising US Debt Limit appeared first on Crypto Breaking News.
Ted Cruz said it is “more important than ever” to ensure the financial privacy of American citizens is preserved.
The latest report from the Biden Administration writes off the benefits of Bitcoin while ignoring the fundamentals and economic activity that give it value.
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 speculative investment vehicles” that are “unbacked” and “traded without fundamental anchors.” The White House insists that crypto assets do not deliver on their promises [...]
The post Biden Administration’s Economic Report Deems Crypto Assets ‘Mostly Speculative Investment Vehicles’ appeared first on Crypto Breaking News.
Congressman Tom Emmer made the anti-central bank digital currency comments to an audience at the Cato Institute, a libertarian think tank in Washington.
The cryptocurrency industry needs substantive proposals that aim to do more than simply mitigate potential damage. The Biden administration's framework failed to acknowledge crypto's advantages.
While the report didn’t create any new regulations, it still serves as a foreboding message to bitcoin miners.
Last week, Democrats unveiled climate and health care legislation called the “Inflation Reduction Act,” and there’s a lot of debate over the name of the proposed public policy measures. After the legislation was revealed, 230 economists sent a letter to the country’s House and Senate leaders warning that the proposed policies will actually fuel inflation. More
The post 230 Economists Warn the US Government’s Proposed Inflation Reduction Act Will Fuel Inflation appeared first on BTC Ethereum Crypto Currency Blog.
The Biden administration is reportedly crafting policies intended to lower energy consumption and emissions from bitcoin mining.
US president Joe Biden is ready to sign the government’s strategy on cryptocurrency regulation.
Continue reading Biden to Sign Executive Order on Cryptocurrencies at DailyCoin.com.
The Biden administration is gearing up to take action on crypto regulation in the US. Covered: Biden’s Upcoming Executive Order Banter In Congress Over Crypto Regulation Just when Russia decides to hop fully into the Bitcoin and crypto mining race, Biden announced that his administration would be regulating crypto “as a matter of national security.” […]
The post Biden Is Revealing His Plan On Crypto Regulation Next Week appeared first on CryptosRus.
The White House wants to bring order to the ‘haphazard approach’ that is currently being employed by regulators to Bitcoin and cryptocurrency.
Read Wednesday's breaking news in the daily digest!
According to Eun Young Choi, the head of the crypto unit at the U.S. Department of Justice (DOJ), the United States has resolved to target digital platforms because they are making it easy for criminals and money launderers. Choi said the DOJ hopes taking action against entities such as crypto exchanges is “going to have
The post Report: Biden Administration ‘Crypto Tsar’ Says DOJ will Target Digital Asset Exchange Platforms appeared first on BTC Ethereum Crypto Currency Blog.
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 plans to go after rogue exchanges that knowingly allow criminals to launder money. NCET Wants Exchanges To Be Compliant [...]
The post US DoJ Goes After Rogue Exchanges As Crypto Crimes Grow ‘Significantly’ appeared first on Crypto Breaking News.
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