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Joe Biden Freezes FinCEN’s Crypto Wallet Rulemaking — US Crypto Regulations Under Review
22.1.2021
New U.S. President Joe Biden has frozen all agency rulemaking, including the proposal by the Financial Crimes Enforcement Network (FinCEN) relating to cryptocurrency wallets. Biden will appoint someone to “review any new or pending rules,” the White House has announced. FinCEN’s...
Bitcoin Slumps to $31K on Sell-Off in US and Europe
21.1.2021
Uncertainty is leading many to take short-term profit, according to the "Coinbase Premium" indicator
Janet Yellen Reveals Plans for Bitcoin — Sees Cryptocurrencies Used Mainly for Illicit Financing
20.1.2021
Janet Yellen, Joe Biden’s pick for the Treasury Secretary, has revealed her policy for cryptocurrencies, including bitcoin. She claims that cryptocurrencies are mainly used for illicit financing and their use needs to be curtailed. Janet Yellen Reveals Her Plans for Cryptocurrencies In...
Bitcoin Sells Off on Bearish Sentiment, Yellen Worries
20.1.2021
The sell-off also led to major corrections for other cryptocurrencies including ether, stellar, xrp and chainlink
Biden's Treasury Secretary nominee calls cryptocurrencies a 'particular concern' for AML
19.1.2021
Janet Yellen claimed many cryptocurrencies are used "mainly for illicit financing."
State of Crypto: What the Crypto World Should Watch for in the Biden Era
19.1.2021
The incoming president has already announced he would tap pro-crypto, pro-regulation Gary Gensler to lead the SEC, but a number of other names and issues remain outstanding
Gary Gensler Confirmed as Joe Biden’s SEC Chair Pick
18.1.2021
Gary Gensler has taught courses about blockchain at MIT
'Shortsighted' FinCEN Crypto Rules Passed to Joe Biden Administration
14.1.2021
Controversial proposals by the Financial Crimes Enforcement Network (FinCEN) have apparently been passed to the incoming administration of president-elect Joe Biden. “This was shortsighted” and “not in good faith,” Benjamin Weiss, Co-founder and Chief Operating Officer of a major Bitcoin...
US President-Elect Biden to Nominate MIT Blockchain Professor Gary Gensler as SEC Chairman
14.1.2021
The U.S. President-elect Joe Biden is set to name Gary Gensler as the new chairman of the U.S. Securities and Exchange Commission (SEC) to replace Elad Roisman. During Obama’s administration, Gensler led the U.S. Commodity Futures Trading Commission (CFTC) from 2009 to 2014. The Former Banker...
Crypto Advocates Think Joe Biden’s $3 Trillion Stimulus Plan Will Bolster Bitcoin
11.1.2021
According to various reports, U.S. President-elect Joe Biden is planning to create another $3 trillion for Covid-19 relief and infrastructure. The massive stimulus plan and the backers behind the Biden administration have made crypto proponents believe that bitcoin will prosper greatly. Biden...
BRRR: Biden Readies a New $3T Stimulus Package
8.1.2021
What a new package including more direct payouts to citizens plus big infrastructure spending mean for bitcoin and markets as a whole
Why Joe Biden’s $3T Stimulus Package Could Add Fuel to Bitcoin’s Rally
8.1.2021
After Joe Biden's inauguration on Jan. 20, an expected raft of new stimulus measures may further boost bitcoin's rally, say analysts
Biden Administration May Roll Back Some Crypto Regulations, Top Banking Regulator Warns
26.12.2020
The top U.S. banking regulator is concerned that the Biden administration may roll back some cryptocurrency regulations aimed at protecting consumers. This includes allowing national banks to custody crypto assets put in place during the Trump administration. Biden Administration Could Change...
Biden Administration Will ‘Ultimately Be Supportive’ of Crypto: Circle CEO
7.12.2020
Oon CNBC’s ‘Squawk Box’ on Monday, Allaire spoke about the regulatory attitudes toward stablecoins and how the incoming administration may treat crypto
Joe Biden Admin Will Ultimately Support Crypto - Circle CEO
7.12.2020
Joe Biden and Kamala Harris, the vice president-elect. Source: A screenshot, Instagram/joebiden
Jeremy Allaire, CEO and Co-Founder of US-based major crypto company Circle, claims that crypto is misunderstood in Washington, D.C., but he offered an optimistic take on how the incoming Joe Biden...
US House Financial Services Chair Waters Recommends Joe Biden Rescind OCC Crypto Guidance
5.12.2020
House Financial Services Chair Maxine Waters told President-elect Joe Biden to undo the OCC's crypto guidance after he takes office next year
Influential Historian Urges Joe Biden to Bring Bitcoin Into Financial System
30.11.2020
Joe Biden. Source: A screenshot, Instagram/joebiden
As China is leading the central bank digital currency (CBDC) race and the United States has taken a back seat, Niall Ferguson, an influential economic historian, suggested President-elect Joe Biden consider leapfrogging the crowd and going...
Biden considering Gary Gensler for Deputy Treasury Secretary
26.11.2020
The former CFTC chairman is currently working as a financial advisor for the Biden-Harris transition team
What would Commerce Secretary Andrew Yang mean for crypto?
24.11.2020
A CNN report suggests Yang may be on the short list for a position in Joe Biden's cabinet
Biden to Tap Former Fed Chair Janet Yellen as Treasury Secretary
23.11.2020
Former Fed Chair Janet Yellen will be tapped to run the Treasury Department, where she will oversee federal agencies that impact crypto