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U.S. Stablecoin Bill Takes Big Step Despite Fight From Democrats, White House
28.7.2023
House lawmakers cleared stablecoins legislation for the next step in its route through Congress on Thursday, though the House Financial Services Committee moved the bill toward a potential floor vote without bipartisan support as Chair Patrick McHenry (R-N.C.) blamed White House objections for...
Rep. Patrick McHenry blames White House for lack of urgency on stablecoin bill negotiations
27.7.2023
Republican leadership has blamed the Biden administration for not having a "sense of urgency" on stablecoins, while the Democratic response suggested "impatience" by lawmakers
White House Derailed Negotiation on U.S. House Stablecoin Bill: McHenry
27.7.2023
The move comes a day after the finance-focused lawmakers agreed bills on crypto market structure
White House Says US Policy Allows Partners to Seek BRICS Membership
27.7.2023
The White House has affirmed that U.S. policy does not ask partners to choose between the U.S. and other countries, including the BRICS nations. “The U.S. does not want to limit countries’ partnership with other countries,” said Press Secretary Karine Jean-Pierre. More than 40 countries have...
Two more crypto bills in the US: Law Decoded, July 17–24
24.7.2023
Last week was marked by two new legislative initiatives for the crypto industry in the United States
AI companies commit to safe and transparent AI, White House reports
22.7.2023
The Biden Administration emphasized the responsibility of these companies in ensuring the safety of their products
US Senators to have classified AI briefing at the White House
11.7.2023
U.S. Senators will take part in the country’s first-ever classified Senate briefing on AI which will place in conjunction with the Department of Defense and Intelligence Community
Robert F. Kennedy Jr. invested up to $250,000 in Bitcoin after Miami's conference
9.7.2023
The recent investment disclosure contrasts with his claims in May that he was not an investor in Bitcoin
Balaji Srinivasan Highlights De-Dollarization Past of Biden’s Top Economist
22.6.2023
Former Chief Tech Officer at Coinbase, Balaji Srinivasan, took to Twitter to remind his followers about Jared Bernstein’s earlier stance on de-dollarization. The angel investor sees logic in views that the new White House top economist has now abandoned, on the U.S. dollar’s status as a global...
Biden, Republicans Strike Tentative Deal to Raise US Debt Ceiling
28.5.2023
The White House and House Republicans have reached an agreement in principle to raise the U.S. debt ceiling. Described by President Joe Biden as “good news for the American people,” the deal would open the door to avoiding a historic default by the government in Washington...
White House questions impact of AI surveillance on workers
24.5.2023
Officials in Washington D.C. said they will hold a listening session to understand the experiences of workers and the usage of AI surveillance in the workplace
Governor Ron DeSantis Signs Bill Prohibiting Use of Central Bank Digital Currencies in Florida
13.5.2023
On Friday Florida’s governor Ron DeSantis signed legislation that bans the use of a central bank digital currency (CBDC) in the state. Following the bill SB 7054 being signed into law, Florida’s Uniform Commercial Code (UCC) now explicitly forbids the use of a federally adopted CBDC as money....
President Biden announces nominations for key positions at Federal Reserve
12.5.2023
Leadership at the Fed will likely have an impact on how the U.S. government handles the potential issuance of a central bank digital currency
The White House’s Bitcoin Mining Tax Undermines Itself
11.5.2023
Imposing a levy on mining in the U.S. will send the industry overseas, increasing emissions while depriving the grid of a useful form of “demand response,” says Nic Carter
Half of North Korea's Missile Funding Comes from Cybercrimes and Cryptocurrency Theft, Says White House
11.5.2023
As North Korean military activities continue to capture the attention of decision-makers and analysts across the world, around 50% of the country’s secretive missile program could be financed by cyberattacks and cryptocurrency theft, according to Anne Neuberger, the U.S. deputy national security...
Argentina says no to crypto payments, France tolerates ‘finfluencers’: Law Decoded, May 1–8
8.5.2023
Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce the country’s payment-system exposure to digital assets
White House to build international standards for DLT
5.5.2023
The White House national strategy listed eight emerging technologies with a focus on building international standards and finding use cases in the economic sector
US vice president gathers top tech CEOs to discuss dangers of AI
5.5.2023
Vice President Harris gathered the heads of several AI development firms to discuss potential risks posed by the budding technology
New White House standards strategy could have implications for crypto industry KYC
4.5.2023
The Biden administration has released a strategy document focusing on setting standards for “critical and emerging” technologies such as blockchain and digital ID
Republican U.S. Congressmen Demand Answers on the Biden Administration’s Crypto Stance
3.5.2023
U.S. Congressional Republican lawmakers demanded answers from the White House’s Council of Economic Advisers about the council’s “rationale” on issues ranging from legislation to central bank digital currencies.
Reps. Warren Davidson of Ohio and Mike Flood of Nebraska wrote a letter to...