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US President Biden Pushes for More Stimulus, One Million ‘Plus-up’ Payments Go out This Week
15.4.2021
U.S. politicians are talking about stimulus again in order to bolster American jobs and President Joe Biden’s infrastructure plan. At the end of last week, White House press secretary Jen Psaki explained that Biden would meet with bipartisan members of Congress on Monday in order to push...
Hedge Fund Manager Says Sell-off in US Treasury Bonds a Threat to ‘High-Flying Assets’ Like BTC
17.3.2021
Hedge fund manager Bob Prince has warned that the recent sell-off in the U.S. government bond market could accelerate and this could “threaten high-flying assets” like cryptocurrencies and blank cheque companies. Prince, who is the co-CIO at Bridgewater Associates, links this looming...
We Did It, Joe!
10.3.2021
It’s happening, y’all—the Democrats in Congress, with no Republican support whatsoever, have passed the $1.9 trillion covid-19 relief package, and President Joe Biden is expected to sign it on Friday. I am literally crying right now, thinking of all of the people this ambitious legislation will...
Gensler sticks up for Bitcoin before Congress, but doesn't say much new
2.3.2021
The Senate held its first hearing on Gary Gensler's nomination to chair the SEC today
Fed chair says it's up to Congress to bring a digital dollar to market
24.2.2021
Jerome Powell added that the Federal Reserve needed to consider the health of other markets when creating a digital currency
Congress worries crypto used to fund domestic terrorism, Capitol insurrection
24.2.2021
U.S. Congress subcommittee says that bank reporting methods led to Capitol attack arrests but worries that Bitcoin might have helped fund the insurrection
Law Decoded: Bringing blockchain into securities markets, Feb. 12–19
19.2.2021
But security tokens are not ready to take over the world quite yet
Congress is blaming Robinhood, not Reddit
18.2.2021
We didn't learn much new in today's hearing, but the spotlight was definitely on the gamified trading app, rather than the traders on r/WallStreetBets
US Lawmakers Looking Into China’s Role in GameStop Pump: Report
18.2.2021
Some Republican members of the House Financial Services Committee want to look into Reddit’s ties to Chinese tech conglomerate Tencent and Robinhood rival Moomoo
Robinhood, Melvin, and Citadel execs expected to testify on GameStop before Congress
11.2.2021
The price of GME has fallen almost 90% since lawmakers first called for a hearing
US Congress Now Aims At Decentralized Services Too
10.2.2021
Two members of the American Congressional Permanent Select Committee on Intelligence have challenged the decentralized blockchain-powered DLive platform to explain why it was hosting “extremist” content that incited Donald Trump supporters to storm the Capitol building early last month,...
Amid hiring spree, Blockchain Association adds Token Taxonomy Act guru to team
9.2.2021
The former aide to Representative Davidson will join crypto's leading trade association
Pro-Bitcoin US Lawmaker Cynthia Lummis Joins Senate Banking Committee, Plans to Convince Janet Yellen BTC Is Great Store of Value
8.2.2021
Pro-bitcoin U.S. Senator Cynthia Lummis has been appointed to the Senate banking committee. She has been talking to Janet Yellen and has outlined her plans to help the new Treasury Secretary and other U.S. lawmakers understand that bitcoin is a great store of value. Lummis says that Yellen has...
Congress Calls On Reddit Meme Stock Trader To Testify About GameStop
4.2.2021
Rep. Maxine Waters announced that Reddit investor DeepFuckingValue, AKA YouTuber Roaring Kitty, AKA former insurance marketer Keith Gill, will testify before Congress about what the hell has been going on with GameStop’s stock later this month.Read more
New antitrust legislation aims to put an end to tech monopolies in the US
4.2.2021
The era of tech giants buying up their up-and-coming competitors will be over if these senators get their way
US Library of Congress report highlights proof-of-stake tax blindspot
4.2.2021
The taxman still isn't wise to cryptocurrency earnings made through proof-of-stake. But that could change soon
US Library of Congress Says Most Countries Lack Clear Tax Guidance on Crypto Staking
4.2.2021
Out of 31 nations, only 5 have tax guidance addressing cryptocurrency rewards via staking, a study found
Bitcoin-touting Senator Lummis appointed to Banking Committee
4.2.2021
In announcement the appointment, Lummis made clear that she hopes to get digital asset legislation moving
Law Decoded: All vs. One and One vs. All, Jan. 22-29
29.1.2021
In a week that saw meme-driven investors rail against Robinhood in what coverage painted as a David and Goliath story, considerations of who exactly policy should defend flared up
US Congress Plans Hearings on GameStop Market Pumps
28.1.2021
While Congress is planning multiple hearings, it's less clear what financial regulators might do