Joe Biden News

15.04 / 20:25

Government Law Federal Reserve vice chair President Biden announces former Ripple adviser as pick for Fed vice chair for supervision

Following the withdrawal of former Federal Reserve Board governor Sarah Bloom Raskin, United States President Joe Biden has announced his intention to nominate former Obama administration official and law professor Michael Barr as the central bank’s vice chair for supervision.

15.04 / 15:21

Adoption us government Cash Fitting the bill: US Congress eyes e-cash as an alternative to CBDC

On March 11, United States President Joe Biden issued an executive order in which he encouraged the Federal Reserve to continue research on a prospective U.S. central bank digital currency, or CBDC.

15.04 / 12:33

Ripple Progressive JPMorgan Chase Biden to nominate Michael Barr as Fed bank regulator in second attempt to fill post

President Joe Biden will nominate Michael Barr, a former Treasury Department official, to be the Federal Reserve's top regulator in charge of big banks.

14.04 / 19:07

Provident Target Fighting Align White House will crack down on Russian attempts to evade sanctions, Biden security advisor says

WASHINGTON — National security adviser Jake Sullivan said Thursday that the Biden administration is focused on ensuring Russia isn't able to evade punishing global sanctions for its war in Ukraine.

13.04 / 10:55

'Russia had no other choice': Putin vows to win the war in Ukraine

President Vladimir Putin vowed to continue Russia's bloody offensive in Ukraine as the war neared its seventh week on Wednesday.

13.04 / 08:41

European Union Biden accuses Putin of 'genocide', wanting to 'wipe out' Ukrainians

President Joe Biden said Russia's war in Ukraine amounted to "genocide", accusing President Vladimir Putin of trying to "wipe out the idea of even being a Ukrainian".

13.04 / 07:49

Updates Ukraine war live updates: At least 720 civilians killed in Kyiv suburbs, authorities say

The war in Ukraine is now in its seventh week, as Russian forces are expected to begin a new big offensive in the east of the country after their retreat from the Kyiv region and other parts of the country revealed growing evidence of human rights atrocities.

07.04 / 19:05

UPS Digital Bitcoin Biden Budget Puts Cryptocurrency in Crosshairs

Government regulations related to cryptocurrency are slowly evolving to keep up with the fast-growing industry. In his recent 2023 budget proposal, President Joe Biden included several provisions related to digital currencies, some of which could generate up to $11 billion in government revenues. Here's a breakdown of what cryptocurrency enthusiasts may want to know.

07.04 / 15:01

cryptocurrency Digital cryptocurrency news Bitcoin US Treasury Secretary Janet Yellen To Call For Better Regulation On Cryptocurrencies

US Treasury Secretary Janet Yellen may call for greater regulation of cryptocurrencies

06.04 / 22:33

Government regulation SEC President Biden is preparing to announce picks for SEC commissioners: Report

United States President Joe Biden is reportedly planning to nominate two commissioners to the Securities and Exchange Commission with different political party affiliations.

05.04 / 16:45

cryptocurrency Bitcoin Britain will move forward on crypto regulation and mint an NFT this year, minister says

The UK government plans to issue its own non-fungible token (NFT) as an "emblem of the forward-looking approach" the country is taking toward crypto assets, Britain's minister responsible for financial services, John Glen, has revealed.

04.04 / 14:19

NATO A slow burn: Ukraine war sees Sweden warm to NATO membership

For decades the conventional wisdom of security policy in the Nordic region held that out of the two countries still not NATO members, Sweden would be most likely to apply first, and then, Finland would follow along.

01.04 / 18:45

Government Blockchain Law Bitcoin boost Skewed data: How could a new US law boost blockchain analysis?

2020 was a record year for ransomware payments ($692 million), and 2021 will probably be higher when all the data is in, Chainalysis recently reported. Moreover, with the outbreak of the Ukraine-Russia war, ransomware’s use as a geopolitical tool — not just a money grab — is expected to grow as well.

31.03 / 12:29

Digital Patrick lawmakers US lawmakers Meet the ‘crypto caucus’: The US lawmakers defending digital coins

After months of tortuous negotiations, Joe Biden’s bipartisan infrastructure bill was about to pass Congress last summer when Patrick McHenry became alarmed about one particular element. Along with colleagues in the Senate, the Republican member of Congress from North Carolina realised that a clause had been quietly inserted into the 2,700-page bill, which forced brokers of cryptocurrency to report their transactions and customer information to the tax authorities.

30.03 / 08:21

Art European Union Time Is Russia's pledge to cut some Ukraine operations genuine, or a cynical move to buy time?

Western leaders have reacted with scepticism to Moscow's pledge to "drastically reduce" combat operations around Kyiv and the northern city of Chernihiv.

30.03 / 00:11

markets Ethereum Ethereum 2.0 Support Pro traders curb their enthusiasm until Ethereum confirms $3,400 as support

Ether (ETH) price jumped 11% between March 26 and March 29 to reach $3,480, which is the highest level in 82 days. Currently, the price is down 9% year-to-date but does data support the belief that the altcoin has resumed its uptrend toward a new all-time high?

30.03 / 00:11

Government regulation Federal Reserve Biden's Fed picks are likely headed to Senate vote after partisan delay

The United States Senate will vote on President Joe Biden’s nominations to the Federal Reserve after delays instigated by Republican lawmakers.

29.03 / 19:57

Law us government white house Executive executive order Financial Waiting on the executive order: how users and financial professionals may benefit from it

United States President Joe Biden’s Executive Order on Ensuring Responsible Development of Digital Assets was widely praised for acknowledging cryptocurrency and blockchain technology’s place in the world and setting the U.S. on a path toward more comprehensive regulation of the sector. The order, or EO, sets a research agenda that encompasses consumer protection, financial stability, crime and national security, U.S. leadership, servicing the underbanked and responsible development.

29.03 / 04:21

Law Law Decoded: Crypto taxes and taxes on crypto, March 21–28.

It was relatively quiet in the digital asset policy department last week, as regulators and lawmakers in most key jurisdictions retreated to their offices to do the necessary homework. In the U.S., federal agencies got on with the various reports that President Joe Biden’s recent executive orders directed them to produce. Over in the United Kingdom, both the central bank and the Financial Conduct Authority also dropped position papers on crypto-related issues. After thorough deliberation, Thailand’s financial authorities spoke out against using crypto as a means of payment, while rumors of potential legal tender adoption of crypto emerged and died in Honduras.

29.03 / 00:17

regulation white house Taxes Crypto tax rules will reduce US budget deficit by $11B over ten years — White House

The United States government’s budget for the 2023 fiscal year included roughly $11 billion in revenue over the next decade from modernizing rules around digital assets.

27.03 / 17:05

privacy Zcash AML Monero privacy coins regulatory Privacy coins are surging. Will regulatory pressure stall their stellar run?

Recent weeks saw a massive surge of the so-called privacy coins’ prices — namely Monero (XMR), Dash (DASH), Zcash (ZEC) and Haven Protocol (XHV). As many other cryptocurrencies and the industry at large faced immense regulatory pressure amid the war in Ukraine, one narrative that began taking hold in the crypto space was the potential of such privacy-enhancing assets to provide investors a greater level of financial anonymity. But, can privacy coins deliver on Bitcoin’s (BTC) original promise?

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