White House News

The agency’s $365 million proposed FY2023 budget includes significant allocation for CPAs and whistleblowers.

The fruits of President Biden’s EO will not materialize until months from now, but the need for regulatory change is far-reaching.

The budget from the Biden administration said modernizing tax rules to include digital assets will bring the government $4.9 billion in revenue in 2023.

Following up on a recent executive order signed by President Joe Biden, the OSTP reached out to the general public to identify the energy and climate implications related to digital assets.

A flurry of research and reporting is the first step toward a coherent crypto policy, while action remains months or years in the future.

The long-anticipated presidential directive drops, EU votes on PoW ban and South Korea gets a pro-crypto president.

Crypto and blockchain-related companies have enjoyed a surge in prices after the market received Joe Biden’s executive order with open arms.

The document does not announce any restrictive measures, but it will undoubtedly lay the groundwork for a more focused federal oversight.

With the addition of Caroline Pham’s and Summer Mersinger’s names sent to the Senate for confirmation, the U.S. president has the opportunity to completely reshape the CFTC leadership.

Under the pretext of holding corrupt actors accountable, the new task force will address crimes related to the criminal misuse of cryptocurrency.

Such a move would require broad consensus among Congress, the U.S. central bank and the White House.

The infrastructure bill was first proposed by the Biden administration aimed at primarily improving the national transport network and internet coverage.

White House officials are believed to be examining existing rules around cryptocurrencies and whether new restrictions are needed to protect investors from massive drawdowns like we saw last week.

Bitcoin price fell 3% as the U.S. stock market plummeted, but traders expect these two key levels to prevent a deep BTC pullback.

The White House named Bitcoin, Bitcoin Cash, Ethereum and Monero among the methods of buying illicit substances such as fentanyl in the United States.