Trump and Biden Tied on Polymarket, Diverging From Polls

Other election contracts show a 35% chance of a Republican sweep of the presidency and both houses of Congress and a 27% chance Democrats control the Senate after the election.

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President Joe Biden Will Veto Legislation Allowing Financial Firms to Custody Bitcoin: White House

This announcement comes amidst debates and discussions in Congress today regarding the regulation and oversight of digital assets.

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U.S. Treasury to expand sanctions powers for digital assets

The Biden administration is urging Congress to consider the most significant updates to the Treasury’s sanctions authority since 2001. This move aims to better regulate the use of digital assets for financial transactions in regions impacted by terrorism. According to…

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U.S. Treasury urges Congress to act against crypto abuse

During a recent speech, deputy Treasury secretary Wally Adeyemo urged Congress to support the Biden administration’s efforts to tackle the illicit use of crypto. Adeyemo’s latest call to action comes in the wake of concerns that militant groups like Hamas…

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Biden reaches ‘tentative’ US debt ceiling deal: Report

United States President Joe Biden has urged the United States Congress to “pass the agreement right away.“

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Biden calls for end to tax loopholes that benefit ‘wealthy crypto investors’

U. S. President Joe Biden called for an end to unspecified crypto tax rules on May 9. On Twitter, Biden posted an infographic that read: “We think Congress should cut tax loopholes that help wealthy crypto investors.

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White House wants Congress to “step up its efforts” on crypto regulations

On Friday, the Biden administration asked Congress to expand regulators’ authority in policing the crypto industry.

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White House cryptocurrency ‘roadmap’ recommends against pension funds

The Biden administration touted its comprehensive framework and encouraged regulators and Congress to tighten the screws on crypto in a new statement.

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White House Calls on Congress to ‘Step Up Its Efforts’ on Crypto Regulation

Officials in the Biden administration urged Congress on Friday to expand the authority of regulators to police the crypto industry.

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What’s Inside the FSOC’s Long-awaited Report on Crypto Regulation

The Financial Stability Oversight Council (FSOC) published its own highly anticipated report in response to U.S. President Joe Biden’s executive order on crypto earlier this week, calling on Congress to define the line between a security and a non-security, at least as far as crypto is concerned.

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This UN update has managed to put U.S. regulatory authorities on the edge

The United Nations (UN) published a news piece on 3 October warning masses of the possibility of a Fed-induced global recession. The Biden administration, thus, urged Congress to speed up the implemenThe post This UN update has managed to put U.

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Joe Biden’s Administration Implores Expedition of Crypto Regulations

President J. Biden’s government has urged Congress to pass legislation clarifying how digital currencies should be regulated, warning that delays on Capitol Hill could endanger investors.  Both Cryptos and Brokerage Firms Are on the Spot The US Financial Stability Oversight…

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Biden administration official hints at stablecoin legislation that could come into force this year

Coindesk reported that an official of the U.S federal government hinted that the government is working with Congress on a stablecoin legislation that could become law by the end of the year. The post Biden administration official hints at stablecoin legislation that could come into force this year appeared first on CryptoSlate.

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Biden Administration Wants Crypto Exchanges to Separate Customer and Corporate Funds

U.S. President Joe Biden’s administration will press Congress to demand cryptocurrency exchanges keep their customers’ money separate from their own corporate funds, according to a person familiar with the plan that could constrain the way the industry does business.

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Executive Order: Crypto Market Readies For President Biden’s ‘Green or Red Light’ In February

US President Joseph Biden will decide the fate of Bitcoin and other cryptocurrencies in the US with a White House Executive Order (EO) scheduled for release in February. Biden’s executive order will probably glean from a series of reports and guidelines issued by the US treasury, the Congress finance oversight committee, and the US Federal […]

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Coinbase Open Sources Crypto Proposal to Biden and Congress

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Biden Considering Executive Order on Bitcoin Without Crypto Expertise

The Biden administration is considering an executive order on cryptocurrencies in an apparent attempt to bypass Congress, and thus the voting public. The draft order is all encompassing, dealing with...

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US President Biden Pushes for More Stimulus, One Million ‘Plus-up’ Payments Go out This Week

U. S. politicians are talking about stimulus again in order to bolster American jobs and President Joe Biden’s infrastructure plan. At the end of last week, White House press secretary Jen Psaki explained that Biden would meet with bipartisan members of Congress on Monday in order to push his proposal.

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Crypto Exchange Inflows Swell as Stimulus Checks Arrive, But Will it Matter?

When the U. S. Congress approved Biden’s $1. 9 trillion pandemic response stimulus package last week, the crypto market boomed as Bitcoin surged to an all-time high. The largest cryptocurrency rose to over $61,500, led by optimism that the stimulus payments would be a boon to the digital asset’s months-long rally.

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Biden Nominates Former Fed Chair & Noted Bitcoin Critic for Treasury

Per reports from Reuters, Biden will tap the Obama-era chair of the Federal Reserve to lead his administration’s economic policy. The report reads, “Yellen, 74, brings decades of economic policy experience and is respected by Congress, international finance officials, progressives and business interests alike”.

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