Joe Biden News

13.06 / 10:45

Strategy Biden is 'paying lip service' to the U.S. position on Taiwan, former Chinese army officer says

BEIJING — There is an increasing wariness of U.S. claims to recognize Beijing as the sole legal government of China, a retired officer of the People's Liberation Army told CNBC on Monday.

09.06 / 00:45

Law regulation crimes AML information International Information, AML/CFT steps are key to fighting international digital crime, DOJ report says

The United States Department of Justice (DOJ) released a report on international law enforcement related to digital assets Tuesday. It is the first of the approximately one dozen reports mandated in President Joe Biden’s March 9 executive order “Ensuring Responsible Development of Digital Assets.”

04.06 / 08:19

cryptocurrency cryptocurrency news crypto regulation NOT Cryptos Regulation Needed Not Just For Rich, But Everyone: US Policymaker

Regulating cryptos would protect 'the rest of us': US policymaker

01.06 / 17:01

Water Germany to supply Kyiv with anti-aircraft missiles and radar systems

German Chancellor Olaf Scholz said on Wednesday that his country will supply Ukraine with new anti-aircraft missiles and radar systems, stepping up arms deliveries amid criticism that Germany isn’t doing enough to help Kyiv in its time of need.

01.06 / 16:43

economics Federal Reserve inflation US Treasury Secretary: 'I Was Wrong About Inflation' in 2021

As America’s inflation rate remains at a level unreported since the 1980s, decreasing the population’s purchasing power, the US Treasury Secretary Janet Yellen has admitted to being wrong about "the path inflation would take."

01.06 / 08:13

Art European Union Ukraine live: US sending medium-range rocket systems to Ukraine

The Biden administration is getting ready to send Ukraine a small number of high-tech, medium-range rocket systems, a critical weapon that Ukrainian leaders have been pleading for as they struggle to stall Russian progress. The rocket systems are part of a new $700 million tranche of security assistance for Ukraine from the US that will include helicopters, Javelin anti-tank weapon systems and tactical vehicles.

25.05 / 04:23

business Trump Fried Sam 2024 Sam Bankman-Fried could spend up to $1B in 2024 to thwart Trump comeback

The billionaire founder and CEO of theFTX cryptocurrency exchange Sam Bankman-Fried has revealed he intends to spend anywhere between $100 million and $1 billion to help influence the 2024 United States presidential election campaigns.

24.05 / 09:45

Blockchain Stablecoin Law Decoded: The long waves in the aftermath of UST’s crash, May 16-23

It’s been two weeks since the shock of the TerraUSD (UST) depegging, but the long waves of this event are still coming in. The Congressional Research Service described the UST crash as a “run-like” scenario and claimed that the crypto industry has not reached the same level of “adequate regulating” as the traditional finance market.

23.05 / 22:33

markets Mining Bitcoin Bitcoin’s current setup creates an interesting risk-reward situation for bulls

The Bitcoin (BTC) chart has formed a symmetrical triangle, which currently holds a tight range from $28,900 to $30,900. This pattern has been holding for nearly two weeks and could potentially extend for another two weeks before price makes a more decisive movement.

23.05 / 17:33

markets Bitcoin Bitcoin Price open Bitcoin price coma greets Wall Street open amid signs market ‘calling for rally’

Bitcoin (BTC) stayed glued to $30,000 on May 23 as the start of Wall Street trading failed to spark volatility.

23.05 / 11:45

US would intervene with military to defend Taiwan, says President Biden

President Joe Biden said Monday that the US would intervene militarily if China were to invade Taiwan, adding that the burden to protect Taiwan is "even stronger' following Russia's invasion of Ukraine.

22.05 / 08:23

Blockchain Adoption Bitcoin Bitcoin stands apart from other crypto, and what that means for US public policy

United States President Joe Biden’s executive order on digital assets has kickstarted an interagency mission to support financial innovation while protecting American consumers and interests. While many industry leaders welcome the constructive tone, some critics hope for a crackdown. We don’t blame them.

21.05 / 20:11

Prime Minister London Conservatives Labour topples conservatives in Australia as Anthony Albanese elected 31st PM

Australia’s centre-left opposition party toppled the conservative government after almost a decade in power, and Prime Minister-elect Anthony Albanese in his Saturday election victory speech promised sharper reductions in greenhouse gas emissions while he faces an early foreign policy test.

20.05 / 00:09

Government Stablecoin Federal Reserve vice chair Biden's pick for Fed vice chair for supervision calls for congressional action on stablecoins

Michael Barr, a law professor and former advisory board member of Ripple Labs who is United States President Joe Biden’s pick for vice chair for supervision at the Federal Reserve, called for U.S. lawmakers to regulate stablecoins in an effort to address “financial stability risks.”

19.05 / 08:39

business regulation Environment us government crypto framework Framework The Dept. of Commerce has 17 questions to help develop a crypto framework

The US Department of Commerce is calling for submissions on how it can establish a framework that will bolster American economic competitiveness in digital assets including crypto and stablecoins.

19.05 / 01:01

Government regulation SEC Sec Chair SEC chair uses crypto enforcement in justification for FY2023 budget

Gary Gensler, chair of the United States Securities and Exchange Commission, or SEC, has cited concerns about cryptocurrency enforcement in its budget request for the next fiscal year.

18.05 / 00:33

UPS FIVE CFTC regulation committee Commissioner Kristin Johnson to sponsor CFTC Market Risk Advisory Committee

United States Commodity Futures Trading Commission (CFTC) commissioner Kristin N. Johnson was named the sponsor of the agency’s Market Risk Advisory Committee (MRAC) on Tuesday. She replaced CFTC chair Rostin Behnam in that role.

15.05 / 23:29

Twitter Amazon Jeff Bezos Hits Back at Joe Biden in Twitter Spat Over Inflation

Amazon founder Jeff Bezos criticized the Biden administration in two tweets over the weekend for tying the corporate tax structure to rising inflation.

15.05 / 11:05

Racism Military Attack Buffalo shooting: 10 killed in 'racially motivated' attack at New York state store

A white 18-year-old opened fire with a rifle at a supermarket in New York state, killing 10 people and wounding three others Saturday in what authorities described as “racially motivated violent extremism”. Most of the victims were black.

14.05 / 09:57

cryptocurrency Digital SEC CryptoExplainer Stricter Stablecoins' Rules Are Coming Soon: Top US Securities' Official

US SEC's Peirce sees 'movement' on stablecoin regulations

13.05 / 22:49

Government CFTC Credit Suisse CFTC commissioner appoints senior policy adviser experienced in digital asset regulation

In a Friday announcement, Pham said Keaghan Ames will be her counselor and senior policy adviser at the CFTC starting May 23. Ames worked at Credit Suisse for more than two years as vice president and head of U.S. regulatory policy, which included advising executives on digital assets regulation. He will be joining the CFTC from the Institute of International Bankers, where he has been the director of government affairs since July 2021.

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