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Biden’s Nonsensical Proposed 30% Tax Would Kill Bitcoin Mining in the U.S.
13.6.2024
Trump's Appeal to Bitcoin Miners Is a Wakeup Call for Crypto to Stay Apolitical
12.6.2024
It may seem like the industry is finally getting the political support it needs. But proceed with caution
Jailed Binance Executive: 108 Former US Government Workers Echo Calls for Biden Administration’s Intervention
7.6.2024
Over 100 former federal prosecutors and federal agents have asked the U.S. State Department to intensify its efforts to secure the release of Tigran Gambaryan, a U.S. citizen and Binance employee, from custody in Nigeria. In a letter addressed to Anthony Blinken, the 108 ex-government employees...
US Lawmakers: Jailed Binance Executive, US Citizen, Wrongfully Detained by Nigeria
6.6.2024
A group of U.S. lawmakers led by Micheal McCaul, the House Foreign Affairs Committee chairman, has accused the Nigerian government of wrongfully detaining Tigran Gambaryan. The lawmakers have asked the Biden Administration to transfer Gambaryan’s case to the Office of Special Presidential...
Meet Mike Novogratz, the Political Commentator
31.5.2024
In an interview at Consensus 2024, the Galaxy Digital CEO was asked about a plethora of regulatory and legislative issues affecting crypto
Everyone at Consensus 2024 Is Talking About Biden’s Crypto Flip Flop. Is He for Real?
30.5.2024
Attendees are cautious optimistic about apparent regulatory and legislative changes, though not everyone is convinced
US Treasury Secretary Yellen Warns of Challenges in Controlling Deficits and Interest Expense
27.5.2024
U.S. Treasury Secretary Janet Yellen has stressed the importance of managing U.S. borrowing needs amid higher long-term interest rates, emphasizing the need to boost revenue in budget negotiations. “We’ve raised the interest-rate forecast. That does make a difference. It makes it somewhat more...
Biden Administration Announces Opposition To FIT21
22.5.2024
President Joe Biden’s administration will oppose the passage of Financial Innovation and Technology for the 21st Century Act (FIT21), a Wednesday statement from the White House claims. The White House's announcement comes the same day of the bill's vote in the House of Representatives.
The post...
The Biden Administration Is Easing Up on Crypto (a Vibes Analysis)
21.5.2024
A wave of positive regulatory developments for crypto could be coincidence. Or they could be the Biden Administration reacting to Donald Trump’s recent embrace of the industry
Does the SAB 121 Vote Mean Anything for Future Crypto Legislation?
17.5.2024
Why, for Some, Crypto Is the Defining Political Issue of Our Times
13.5.2024
It’d be foolish for people to vote against their own interests
Uniswap Creator: Biden Administration Mistaken in Believing Crypto Irrelevant to 2024 Elections
13.5.2024
Hayden Adams, the creator of the decentralized finance platform Uniswap, has warned the Biden Administration that it is gravely mistaken to believe that crypto will be irrelevant in the 2024 election. Adams also criticized the administration for allowing the U.S. Securities and Exchange Commission...
Will Biden Get the Final Say Over a Controversial Crypto Accounting Rule?
9.5.2024
Critics of SAB 121, introduced in March 2022, have called the rule “obscure,” a “diktat” and a “pernicious weed.”
Wyoming Senator Slams DOJ’s Take on Non-Custodial Crypto Software, Vows to Protect User Rights
2.5.2024
Wyoming’s Republican Senator Cynthia Lummis has responded to the Department of Justice’s (DOJ) latest argument regarding non-custodial software. Lummis’s remarks follow the DOJ’s reply brief on the indictment against Tornado Cash developer Roman Storm’s motion to dismiss. Senator Lummis...
Pressure Mounts on Biden to Assist in Release of Detained Binance Executives
17.3.2024
There has been mounting pressure on the Biden administration to intervene and secure the release of the detained Binance executives.
The post Pressure Mounts on Biden to Assist in Release of Detained Binance Executives appeared first on Cryptonews
Biden administration considering 30% tax on Bitcoin mining
12.3.2024
The Biden administration is considering a 30% excise tax to be levied on bitcoin mining, owing to the industry’s rising energy usage. The other factor is the rise in energy costs for those sharing an electric grid with miners of digital assets. Added to that is the damage to the environment....
Republican Lawmakers Introduce Legislation to Ban a CBDC in the U.S. ... Again
27.2.2024
Another group of Republican lawmakers has introduced legislation to block efforts to introduce a digital dollar
Did President Biden Just Endorse Bitcoin?
12.2.2024
The octogenarian politician is sporting laser eyes on Twitter, seemingly unaware it is a symbol of support for the cryptocurrency
Bitcoin Mining and the Politicization of a Once Reputable Federal Agency
8.2.2024
The Department of Energy's statistics wing is feigning an "emergency" to attack legitimate U.S. businesses and score political points, Texas Blockchain Council President Lee Bratcher and Chamber of Digital Commerce CEO Perianne Boring write
EIA Launches ‘Emergency Survey’ on Crypto Mining’s Power Use Amid Concerns of Alleged ‘Public Harm’
1.2.2024
The U.S. Energy Information Administration (EIA) has gained clearance from the Office of Management and Budget (OMB) to conduct an urgent survey regarding electricity usage by cryptocurrency mining firms across the U.S. The EIA submitted this request on the grounds that “public harm...