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Joe Biden’s Trillion-Dollar Stimulus Bill Pushes Miami Mayor to Buy Bitcoin


Miami Mayor Francis Suarez has revealed that he bought bitcoin and ether right after the $1.9 trillion stimulus bill passed the Senate, heading to President Joe Biden’s desk to be signed. He said bitcoin “is definitely going to go up … because I don’t think people are going...

Task Force Pushes Biden Administration to Tighten Cryptocurrency Regulation


A public-private task force has submitted a report to the Biden administration that includes recommendations to tighten the regulation of cryptocurrencies, including bitcoin, with the aim to combat ransomware. “The cryptocurrency sector that enables ransomware crime should be more closely...

Biden ‘Tax Plans’ Speculations Spook Crypto Speculators


Joe Biden. Source: A screenshot, Instagram/joebiden Bitcoin (BTC) and altcoin markets are in red today, with with BTC dropping below the key USD 50,000 mark – in the wake of fresh tax-related speculations from the United States. The American President Joe Biden is reportedly set to unveil plans...

MIT Crypto Professor Gary Gensler Confirmed as New SEC Chairman


The U.S. Securities and Exchange Commission (SEC) now has a new chairman, Gary Gensler. President Joe Biden’s pick, the MIT professor, whose classes included blockchain technology, digital currencies, and financial technology, has been confirmed by the Senate to lead the SEC. SEC Has a...

Roblox Player Fakes Their Way Into White House Press Briefings


An independent journalist named Kacey Montagu has spent the last few months integrating herself within the White House press corps, lying about her connections to outlets both real and fictional to ask the Biden administration questions during official briefings. But according to Politico, Montagu...

Care Has Always Been Infrastructure


The emerging debate over whether care is infrastructure isn’t new or surprising. The question “what is infrastructure?” was triggered by President Biden’s announcement that the American Jobs Plan includes a $400 billion investment to expand Medicaid coverage of home and community-based services...

China’s PBOC Tests CBDC in Hainan; Biden Team Wary


The People’s Bank of China has initiated the highly-anticipated Central Bank Digital Currency (CBDC) pilot trials in the Hainan Province following tests in other regions of the country. The tests will last from April 12 to April 25, 2021. The government officials of Sansha City, along with staff...

Joe Biden's USD 1.9T Stimulus Won't Reignite World Economy


Source: Adobe/Ольга Копьёва Michael Kitson, University Senior Lecturer in International Macroeconomics, Cambridge Judge Business School. _______ The economic orthodoxy has long been that governments should try to balance their books and leave all the heavy lifting in managing their economies...

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