News with the tag "Biden Adminstration"

The US government under Joe Biden has allegedly been stifling the crypto industry through the process of debanking, which experts labeled “Operation Chokepoint 2.0.” With Donald Trump’s re-election, the crypto industry expects a reform that will lead to the US banking industry embracing cryptocurren...

In a riveting turn of events, American businessman and author Robert Kiyosaki has taken the stage to slam Joe Biden amid the ongoing Middle East tensions. On Saturday, the American author reflected a sense of dismay with the Biden administration’s stance on the current Israel-Iran conflict. However,...

The probability of the US President Joe Biden withdrawing from the race on the prediction market Polymarket has risen to 80%. These new odds are quite promising as reports claim that Biden is anticipated to make the decision as soon as this weekend. Biden 80% Odds on Polymarket to Exit Race Accordin...

The House of Representatives has delayed the vote to override President Biden’s veto on the SEC’s anti-crypto rule, SAB 121, after allegedly receiving a dramatic letter from President Biden. House Vote on SEC SAB 121 Postponed The House vote to override President Biden’s veto on the SEC’s Staff Acco...

The Stand With Crypto PAC has endorsed 18 more candidates for the November elections. This list of endorsements comprises 15 incumbents and splits the votes to almost a 50/50 ratio between the Democrats and the Republicans. The PAC is aimed at strengthening the supporters in the political field as t...

U.S. Congressman Ro Khanna will be conducting a round table conference in Washington D. C next month. From a private email obtained, the event is set to gather representatives of the Biden Administration, Congress, and the industry. Bitcoin Strategy Talk Next Month Some of the expected guests are me...

US lawmaker Ro Khanna has called on the White House to support the Financial Innovation and Technology for the 21st Century (FIT21) bill to shape the blockchain industry. This comes after criticisms followed Joe Biden’s action to veto the Securities and Exchange Commission’s (SEC) Staff Accounting B...

President Joe Biden recently vetoed a House Joint Resolution to repeal the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin 121 (SAB 121). This bulletin mandates financial institutions holding cryptocurrencies so that customers can list these assets on their balance sheets. Criti...

Despite the lawmakers requesting President Joe Biden to revoke the controversial Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin 121 (SAB 121), the President has decided to veto the bill. What’s the SAB 121 Repeal for Crypto? Last month in May, both the House and Senate voted to...

While former President Donald Trump has been making aggressive pitches supporting the crypto industry, the Biden administration has devised its own crypto outreach plan. As part of their re-election campaign, President Joe Biden has started reaching out to crypto industry leaders while seeking guida...