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Decentralization Under Threat As Biden Administration Considers Implementing Bitcoin ‘Guardrails’

The Biden administration is reportedly exploring the possibility of installing guardrails on cryptocurrency following a number of meetings in which the crypto space was the subject. Bitcoin and other digital currencies are under intense scrutiny at the moment, with the market’s recent behavior garnering quite a lot of attention. The IRS has already moved to […] дальше »

2021-5-26 21:10


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US Treasury Unveils Biden’s Proposed Tax Measures — Cryptocurrency Transfers Over $10,000 to Be Reported to IRS

The U.S. Department of the Treasury has announced measures to crack down on tax evasion involving cryptocurrencies as part of President Joe Biden’s proposed tax compliance measures. Among the measures is a requirement for businesses that receive crypto assets with a fair market value of more than $10,000 to report transactions to the IRS. Treasury […] дальше »

2021-5-20 20:32


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Peter Brandt: “Biden Presidency May Become A Big Negative Factor For Bitcoin”

After winning the November 2020 presidential election, pundits were optimistic that President Joe Biden would cause a wave of much-needed regulations and reshape the crypto industry.  However, in a two-part Twitter thread on April 24, veteran trader and chart guru Peter Brandt has voiced concerns that the Biden administration may have undesirable effects on the […] дальше »

2021-4-25 14:12


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How Janet Yellen’s Position As Treasury Secretary Will Shape The Crypto Industry

The United States has recently welcomed some new members into different government positions, alongside its new President Joe Biden. But two roles; the role of the SEC chairman, (a position which is to be handled by Gary Gensler) and the role of Treasury Secretary (which has now been handed over to Janet Yellen) stand out […] дальше »

2021-1-28 16:57


US Senate Confirms Janet Yellen as Treasury Secretary; What Does This Mean for Crypto?

The U. S Senate has confirmed Janet Yellen on Monday as the Treasury Secretary in the newly inaugurated Biden administration with an overwhelming 84-15 vote. She takes over this position from Steven Mnuchin, who served in the Trump administration and left office last week following Biden’s inauguration. дальше »

2021-1-27 22:29


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Janet Yellen Vows to Implement Laws to Curtail Illicit Crypto Use

Janet Yellen, President Biden’s nominee for Treasury Secretary, has clarified her stance on bitcoin (BTC) and other cryptocurrencies, making it clear that she will go all out to formulate and implement regulations that would curtail the use of blockchain-based cryptocurrencies for illicit activities, according to a Decrypt report on January 22, 2021. Yellen Not Anti-CryptoRead More дальше »

2021-1-23 21:00


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BiC’s Video News Show – Is President Biden Good for Crypto?

The prevailing theme of President Biden’s inaugural speech was unity. The message departs from that of the previous administration, which often took on a more bitter tone. Following the events at the capitol just two weeks prior, many see this departure as a much-needed antidote to the partisan divisions that widened over the past four … Continued The post BiC’s Video News Show – Is President Biden Good for Crypto? appeared first on BeInCrypto. дальше »

2021-1-21 21:02


President Joe Biden Freezes Former Secretary Mnuchin’s Proposal on ‘Unhosted’ Crypto Wallets

President Joe Biden is in full work mode right from the day of his inauguration as he froze all agency rulemaking pending further review, as per the memorandum published on Jan 20, 2021. The good thing for the cryptocurrency market is that it includes the proposal made by former Treasury secretary Steve Mnuchin on “unhosted […] The post President Joe Biden Freezes Former Secretary Mnuchin’s Proposal on ‘Unhosted’ Crypto Wallets first appeared on BitcoinExchangeGuide. дальше »

2021-1-21 16:37