White house Financial News

16.09 / 20:57

Government regulation white house crypto framework Framework Blockchain Association calls White House's crypto framework a 'missed opportunity'

Members of the crypto space and advocacy groups reacted to United States President Joe Biden’s administration releasing a regulatory framework on digital assets, with many suggesting the White House focused on the potential negative aspects of crypto.

30.07 / 00:35

regulation white house Science Job Specialist Chips bill provides for blockchain specialist position in White House science office

The United States House of Representatives passed the Chips and Science Act on Thursday by a vote of 243 to 187. The bill, which was introduced into the Senate over a year ago, provides grants and incentives to the semiconductor industry and encourages research. It also creates a blockchain and cryptocurrency specialist position in the White House Office of Science and Technology Policy (OSTP).

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 / 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.

16.03 / 16:15

Government white house Executive executive order Biden’s executive order promises great things for the crypto industry — Eventually

United States President Joe Biden signed the Executive Order on Ensuring Responsible Development of Digital Assets on March 9. The order had been expected for several months, giving some in the industry ample time to build up trepidation. Once the executive order, or EO, was released, however, it was met with a chorus of approval.

11.03 / 07:13

white house Reserve Bank of India Unocoin Crypto players cheer Biden's order, say India has scope to improve

The holistic and deliberative approach from the White House has cheered the market and industry players as the world's largest economy shrugged doubts of immediate regulatory crackdown on the new age asset class. Indian crypto players have welcomed the move from the West. They believe that a 'positive' approach from the global powers will aid the sector and support the global financial ecosystem.

10.03 / 08:53

Government Blockchain Adoption white house Executive executive order Crypto-related stocks jump in positive reaction to executive order

The stock prices of crypto-related companies have jumped as the broader market reacted positively to President Joe Biden’s long-awaited executive order requiring US federal agencies to create a regulatory framework for digital assets, as well as exploring a future digital dollar.

09.03 / 17:53

Government Law white house Executive executive order Biden to sign executive order on crypto, authorize all-government effort to consolidate regulation

Later today, U.S. President Joe Biden will sign a long-anticipated executive order on digital assets. Despite fears that the order may resound a regulatory clampdown on the industry, the language of the document is fairly favorable, the key focus being coordination and consolidation of various agencies’ efforts within a unified national policy.

07.12 / 12:05

Blockchain white house Bitcoin Crypto tumblers, exchanges under microscope as DOJ launches new task force

The White House, under the Biden-Harris administration, introduced a five-pillar strategy to counter corruption as a part of the core United States national security interest. The strategy involves establishing a new task force to address potential illicit activities on crypto exchanges and other services that can serve as avenues for money laundering.

03.12 / 13:34

Blockchain Adoption white house Congress Digital dollar needs broad consensus among authorities, says US Treasury Secretary

U.S. Treasury Secretary Janet Yellen has given her opinions on the potential of a digital dollar but is hesitant to come to any conclusions at this stage in proceedings. Yellen said on Thursday that she had not formed a view on whether the Federal Reserve should create a digital version of the dollar, but such a move would require broad consensus among Congress, the U.S. central bank and the White House.

06.11 / 08:47

business white house Bitcoin House passes $1T infrastructure bill with crypto tax for Biden's approval

The United States House of Representatives passed the $1.2 trillion bipartisan infrastructure bill, which if signed into law by President Joe Biden, would enforce new provisions in relation to crypto-tax reporting for all citizens.

White house Financial News

popular questions about white house

What is white house and why is it relevant?

Where can I find the latest updates on white house?

How can I verify the accuracy of information on white house?