US President Joe Biden plans to modernize digital currency laws
The White House refers to these plans as its strategy to "modernize rules for digital assets," and they are expecting their efforts to rake in $4.9 billion in revenue by 2023.
Latest Joe Biden News
The CoinGeek Pulse: Joe Biden signs EO, FCA targets unregistered firms, nChain top 100 Innovator plus new BSV games to enjoy
Enterprise-grade blockchain company nChain is recognized by LexisNexis as one of the Top 100 Most Innovative Companies alongside Mark Zuckerberg's Meta and China’s Tencent.
US Treasury: Digital currency miners, stakers and coders won’t be considered brokers
The U.S. Treasury letter says that coders, stakers, and miners wouldn't have access to information about the sales of securities by taxpayers, so they aren't covered by the regulations.
The Michael Sisco Show: The plan to destroy digital currency as explained by Kurt Wuckert Jr.
Chief Bitcoin Historian Kurt Wuckert Jr. joined The Michael Sisco Show to discuss Satoshi Nakamoto's vision of Bitcoin and also talk about the latest news around the industry and more.
The CoinGeek Pulse Episode 74: Biden to release Executive Order on digital assets, Ethereum says no to ETH 2.0, MusicArt NFT Marketplace launches
Three music industry executives have come together to launch a ground-breaking NFT marketplace platform, MusicArt, boosting exclusive pieces from art rock icons and new artists alike.
Sam Bankman-Fried summoned to Congress
Sam Bankman-Fried, the CEO and Founder of FTX exchange, will testify in front of the House Financial Services Committee on December 8.
Digital currency hackers camping out at Russia’s popular skyscraper: report
Suex OTC, EggChange, Buy-bitcoin.pro., and CashBank are the four companies which experts said have been laundering money through ransomware-related activity in Vostok.
White House convenes 30 countries for ransomware and cybersecurity talks
The U.S. government is doubling down on its anti-cybercrime efforts, this time meeting with NATO allies and 30 other nations to chart an actionable cause of action.
Biden picks strong Bitcoin critic Saule Omarova to head OCC
White House describes Omarova as “one of the country’s leading academic experts on issues related to regulation of systemic risk and structural trends in financial markets.”
Democrats pushing to close digital currency tax loophole via wash-sale rule
The Biden administration said the law would not apply to non-custodial actors, but there is still some debate as to how the bill is drafted and what this could mean for the wider sector.
US Treasury seeking stricter digital currency reporting rules in $3.5T budget framework
The U.S. Treasury pushed for strict reporting rules for digital currency holders in its $1 trillion Infrastructure Bill and is now pushing further in new bill.
Meltdown as Biden infrastructure bill causes panic in digital currency sector
The digital currency industry experienced somewhat of a meltdown over the course of the last few days due to a clause in the Biden administration’s Infrastructure Bill.