News with the tag "biden"

The Office of the Comptroller of the Currency (OCC) is easing its stance on how US banks deal with crypto and stablecoin activities. In a new press release, the regulatory agency says that banks now have the green light to manage crypto assets, partake in certain stablecoin activities and participat...

Biden’s sanctions weakened the U.S. dollar, cost American companies $300 billion, and made Russia more self-reliant, a top Russian investment official said. Effects of Biden’s Economic Policies and Sanctions on Russia Kirill Dmitriev, chief executive of the Russian Direct Investment Fund (RDIF), cri...

Sam Bankman-Fried, the disgraced founder of FTX, is positioning himself as a potential beneficiary of Donald Trump’s presidential clemency powers. Following Trump’s high-profile pardon of Silk Road founder Ross Ulbricht in January 2025, Bankman-Fried is making calculated political statements from pr...

Hold onto your hats, crypto enthusiasts! The political landscape just took a dramatic turn, potentially signaling a seismic shift in the future of digital assets in the United States. Former President Donald Trump has boldly claimed to have ended what he terms President Joe Biden’s ‘war on cryptocur...

This week, The Wall Street Journal highlighted potential tax complications for the publicly traded company Microstrategy, particularly concerning unrealized gains. According to the report, the Corporate Alternative Minimum Tax (CAMT), introduced under the Biden administration, could impose a notable...

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...

With Donald Trump stepping into the role of Commander in Chief on Monday, the newly established Republican administration faces an array of pressing challenges following the profound economic damage wrought under Joe Biden’s tenure. Can Trump Salvage America’s Economic Future? On her final day in of...

There are new concerns regarding the transparency in the regulatory methods of the Federal Deposit Insurance Corporation, or FDIC, following allegations against it. Senator Cynthia Lummis of Wyoming thinks the agency sabotaged critical data related to “Operation Chokepoint 2.0,” which is believed to...

With less than a week until he leaves office, the US President could have signed one of the last executive orders of the more than 150 implemented during his term.

Microchip giant Nvidia’s vice president of government affairs says the new framework will hurt America’s global competitiveness and undermine innovation.