Joe Biden News

15.05 / 10:49

regulation Gold Bitcoin Dollar National Debt Bitcoin a top 3 asset in the event of US debt default: Survey

Major cryptocurrency Bitcoin (BTC) could become a top three asset in the event of a theoretical debt default in the United States, according to a new survey.

12.05 / 17:59

regulation Federal Reserve white house policies Reserve President Biden announces nominations for key positions at Federal Reserve

United States President Joe Biden has announced his nomination of two people for key positions on the Federal Reserve, including a new Fed governor and economist Philip Jefferson as vice chair.

12.05 / 15:59

Target Digital Progressive Remark vice chair Fed Governor Philip Jefferson named as new vice chair to succeed Lael Brainard

Federal Reserve Governor Philip Jefferson will be nominated by President Joe Biden to be vice chairman of the central bank's board, the White House announced Friday.

11.05 / 06:03

business Stablecoin Circle Usd Coin National Debt reserves Circle reportedly adjusts USDC reserves to avoid US default risk

Stablecoin issuer Circle has reportedly adjusted its reserves treasury in an effort to reduce the risks of United States debt defaults.

11.05 / 02:05

business Scams Kraken YouTube Bitcoin Scams Scammer To catch a scammer: Kraken builds fake crypto account to ‘bait’ fraudsters

United States crypto exchange Kraken has provided a novel method for flagging nefarious wallets — building a fake crypto account on the exchange to “scam bait” bad actors.

10.05 / 09:49

regulation Taxes Tax reduction end Biden calls to end $18B ‘crypto tax loopholes’ — community begs to differ

United States President Joe Biden recently shared an infographic on Twitter, calling to end “tax loopholes” that allegedly help wealthy crypto investors. Community members responded to the tweet, questioning the figures shared by the president and if the said loopholes exist.

08.05 / 12:13

markets Volatility Derivatives Bitcoin Options Bitcoin Dollar National Debt play Bitcoin options: How to play it when BTC price moves up or down 10%

Here's how Bitcoin (BTC) traders can profit whether its price move up or down 10% within 55 days.

05.05 / 19:37

CBDC regulation Elections RFK Jr. elaborates position on CBDC, crypto: ‘It isn’t just criminals who want privacy’

Robert F. Kennedy Jr., who is challenging United States President Joe Biden for the Democratic nomination in the 2024 presidential election, has taken to Twitter again to share more of his thoughts on cryptocurrency.

05.05 / 15:35

Mining regulation white house Taxes Electricity Bitcoin Will Biden's plan to tax crypto mining reduce emissions? Critics say no

Cryptocurrency miners based in the United States could soon face a tax equal to 30% of the cost of electricity they use if President Joe Biden’s proposed budget for the fiscal year 2024 is approved by Congress, but the proposal has sparked debate about whether it would actually decrease global emissions and energy prices.

04.05 / 21:35

Government regulation us government white house AML Digital Asset KYC New White House standards strategy could have implications for crypto industry KYC

The administration of United States President Joe Biden released a national standards strategy for critical and emerging technologies on May 4. The strategy stated that the United States would prioritize standards development in eight areas. Among the prioritized areas are “digital identity infrastructure and distributed ledger technologies, which increasingly affect a range of key economic sectors.”

03.05 / 16:25

COST UPS Ethereum Digital Bitcoin Biden Wants 30% Crypto Mining Tax, But Can It Work?

President Joe Biden has proposed an up to 30% tax on cryptocurrency mining aimed at deterring economic and environmental concerns, but experts say the plan would be tough to implement.

01.05 / 04:53

Dogecoin Ethereum Adoption litecoin coinbase Bitcoin Coinbase exec uses ChatGPT 'jailbreak' to get odds on wild crypto scenarios

A Coinbase executive claims to have discovered a “jailbreak” for artificial intelligence tool ChatGPT, allowing it to calculate the probability of bizarre crypto price scenarios.

29.04 / 12:41

Law regulation crypto regulation us house services committee Financial US House Financial Services Committee Says Crypto Bill Coming in "Next Two Months" – Here's What You Need to Know

The US House Financial Services Committee and House Agriculture Committee are set to introduce comprehensive legislation to oversee the cryptocurrency sector in the next two months.

28.04 / 21:47

regulation Banks Federal Reserve banking Silvergate Bankruptcy NYDFS Fed, NYDFS assess their supervisory performance after March’s big bank failures

Bank regulators in the United States have turned from introspection to confession after the high-profile bank failures in March. The New York Department of Financial Services (NYDFS) published its internal review of Signature Bank supervision on April 28, the same day the U.S. Federal Reserve Board released its review of the handling of Silicon Valley Bank (SVB).

28.04 / 20:09

business Tesla Bitcoin Bitcoin Price National Debt How would a US debt default impact Bitcoin?

Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cointelegraph Markets & Research YouTube channel and explains complex concepts in layperson’s terms, focusing on the cause and effect of traditional financial events on day-to-day crypto activity.

28.04 / 16:15

UPS Digital ETF Action Strategy SVB Fed report on SVB collapse faults bank's managers — and central bank regulators

Silicon Valley Bank's dramatic failure in early March was the product of mismanagement and supervisory missteps, compounded by a dose of social media frenzy, the Federal Reserve concluded in a highly anticipated report released Friday.

23.04 / 06:19

coinbase Report Bloomberg white house Meta Platforms Meta Ceo Bitcoin Biden's comms director barred from former crypto clients: Report

United States President Joe Biden will reportedly ban his communications director from handling matters related to any crypto or technology firms he has previously worked with, while allowing him to advise on crypto regulation.

21.04 / 21:37

regulation AML decentralized marketplace compliance Innovate some compliance mechanisms, US Treasury official tells DeFi community

The United States Treasury did a risk assessment of decentralized finance (DeFi) and found the sector lacking in several ways, Assistant Treasury Secretary for Terrorist Financing and Financial Crime Elizabeth Rosenberg reminded an audience at the Atlantic Council think tank on April 21. Get ready for more regulation, she said.

20.04 / 16:43

COST Provident Digital Cryptocurrencies Get First Europe-Wide Regulation

The European Parliament approved sweeping powers to regulate the cryptocurrency industry, aiming to prevent money laundering and improve supervision and consumer protection.

18.04 / 16:45

COST UPS Manufacturing Apple 500 Fewer new cars qualify for $7,500 electric vehicle tax credit. Here are 2 alternatives

The number of new electric vehicles eligible for a $7,500 federal tax credit fell by almost half on Tuesday, as new rules issued by the U.S. Department of the Treasury took effect.

18.04 / 07:33

business Law regulation Trading Taxes Koinly NOT ‘Biggest mistake’ is not using tax loss harvesting: Koinly head of tax

Failing to utilize tax loss harvesting is one of the biggest mistakes people make on their tax returns according to Danny Talwar, the head of tax at crypto tax software firm Koinly.

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