News with the tag "government"

Sheikh Tahnoon and David Sacks discussed AI’s impact and the role of digital currencies. The meeting followed MGX’s $2 billion investment in Binance. UAE aims to expand its tech investments in the U.S. The UAE’s national security advisor and chairman of investment firm MGX, Sheikh Tahnoon Bin Zayed ...

Get ready for a potential shake-up in how international aid is managed! The winds of change are blowing through Washington, D.C., and it seems even government agencies are catching the crypto bug. Reports suggest the Trump administration is considering a significant transformation for the U.S. Agenc...

Rumors are swirling about a possible new crypto policy Trump is scheduled to speak today at the Digital Asset Summit The US president discussed crypto debanking before, which seems likely as the new policy Now that the US Strategic Crypto Reserve is a reality, many wonder what Trump’s administration...

Can we expect a massive accumulation of Bitcoin during the presidency of US President Donald Trump? If we base it on the recent statements of Bo Hines, Trump’s pick to head its Digital Assets section, the industry will soon see an aggressive investment strategy from the US government. Hines shared t...

The US government relies on a network of computers to generate payments out of thin air, including some transactions that remain entirely undocumented, according to Elon Musk. In a new interview on Senator Ted Cruz’s Verdict podcast, Musk says the Department of Government Efficiency (DOGE) has now d...

In a shocking turn of events that underscores the risks associated with the intersection of public office and cryptocurrency speculation, a South Korean government official is facing serious charges. Accused of brazenly embezzling disaster relief funds, this official allegedly diverted the money int...

Bitcoin’s price retraced 30% from January’s all-time high. Renowned critic questions the rationale behind the US Bitcoin stockpile. BTC is 410% up from its January 2023 price. The crypto market’s latest decline has set off Peter Schiff, one of Bitcoin’s loudest critics, against the US government’s p...

David Sacks dismissed the idea of 0.01% crypto transaction tax The proposal involves using the tax revenue to establish a US strategic Bitcoin reserve In the past, Donald Trump has supported the elimination of federal income tax, suggesting import tariffs as an alternative White House AI and crypto ...

As 2025 goes in full swing, the U.S. government is facing mounting pressure due to trillions of dollars worth of debt, bringing the question about resolutions or other significant ways to manage this crisis. This year, $9.2T of U.S. debt will either mature or need refinancing. Considering the seriou...

In a dramatic twist in the ongoing saga of AI development, Elon Musk, a vocal critic of OpenAI’s shift towards profit, might just have found a glimmer of hope in his legal battle. Despite a recent setback in court, a federal judge’s ruling has signaled that the concerns surrounding OpenAI’s transiti...