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'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
Second Stimulus Checks: New Proposal Taps Unused Fed Funds, Lawmakers Call for Relief Now
23.11.2020
Americans are anxiously waiting to hear if they will receive a second round of stimulus checks as many are suffering due to the coronavirus-led economic crisis. Treasury Secretary Steven Mnuchin has a new proposal to immediately provide relief aid, while Nancy Pelosi has been discussing stimulus...
Printing $1.7 Trillion for Climate Change: How Joe Biden’s Administration Aims to Push the ‘Green New Deal’
13.11.2020
In 2020, the U.S. Federal Reserve has injected an enormous amount of U.S. dollars to special interests in the banking sector in order to combat the economic effects stemming from the coronavirus outbreak. This week the central bank published its financial stability report and the Fed discussed...
Blockchain-Backed Election Art Sells for $66K, Animation Changes After Electoral College Decision
11.11.2020
While Americans wait for the official outcome of the electoral college, a blockchain-backed non-fungible token (NFT) called “Crossroad” will change to one of two animations featuring the 45th U.S. President Donald Trump. The animated election-based “Crossroad” NFT recently...
Biden taps crypto-savvy former CFTC chair for transition team
11.11.2020
Gary Gensler will reportedly ensure a smooth transition with the Federal Reserve in addition to banking and securities regulators
Biden Confirms Crypto-Savvy Gary Gensler Will Lead Financial Policy Transition Team
10.11.2020
Gary Gensler, Simon Johnson and Mehrsa Baradaran are among the policy experts versed in crypto and blockchain issues named to Biden’s transition team
Second Stimulus Checks: When Direct Payments to Americans Will Come Under Joe Biden
9.11.2020
The outcome of the U.S. presidential election is affecting how fast Americans will receive their second stimulus checks. With Joe Biden named the president-elect, Americans are eager to know how soon they will receive the second round of direct payments. When Second Stimulus Checks Are Coming Many...
Bitcoin Unmoved as Joe Biden Announced US President-Elect
7.11.2020
Joe Biden. Source: a screenshot, Instagram/joebiden
On Saturday, after a few nail-biting days of vote-counting, Democratic candidate Joe Biden announced as the winner of the US presidential election, beating Donald Trump. Bitcoin (BTC) price is largely unmoved by the expected news and is trading...