Bitcoin Surges After Biden Abandons Reelection Bid

Bitcoin surged to a monthly high as traders assessed the implications of US President Joe Biden’s decision to abandon his reelection bid. The largest digital asset rebounded from earlier losses, hovering around $67,600 as of 9:31 a.m. in New York…

Biden Vetoes Bill on Crypto Rules Boosting SEC Power

On a pivotal Friday evening, President Joe Biden exercised his veto power against a congressional resolution aimed at overturning guidance from the US Securities and Exchange Commission (SEC). This guidance, formally recognized as Staff Accounting Bulletin No. 121, has been…

Biden Proposes Tax That Could End US Bitcoin Mining Sector

The United States’ stance on cryptocurrency regulations, particularly concerning Bitcoin mining, has raised significant concerns within the industry. Despite the approval of Bitcoin exchange-traded funds (ETFs), the federal government’s aggressive approach to cryptocurrency regulations threatens to hinder the growth of…

Joe Biden’s Latest Budget Targets Crypto Mining Tax and Increased Regulations for Digital Asset

U.S. President Joe Biden has recently unveiled his proposed budget for the upcoming fiscal year, which includes several key provisions aimed at regulating the cryptocurrency industry and generating significant tax revenue. These measures, if implemented, could have far-reaching implications for…

Anthony Scaramucci Proposes Biden as the Crypto Industry’s Presidential Choice

Anthony Scaramucci, the founder of SkyBridge Capital and a notable figure in both the political and cryptocurrency spheres, has made a bold statement that could shape the future of cryptocurrency regulation in the United States. At a recent digital-assets conference…

A Divisive Conflict Emerges within the Biden White House regarding Cryptocurrency – Insights from Caitlin Long

Welcome to our comprehensive guide on Operation Choke .2.0 and the regulatory challenges faced by the crypto and DeFi sectors. In this article, we will delve into the concerted effort to deplatform crypto from the banking system, examine the political…

Crypto Enthusiast Joins Biden Transition Team

As soon as the US Presidential election dust began to settle the new regime got to work. A 12-man Covid-19 commission is getting ready to work and the new administration is not wasting time either when it comes to fiscal…