Bitcoin and Ethereum Rise as U.S. Lawmakers Scramble to Dodge Historic Debt Default

The potential compromise comes as America’s “X-date” approaches quickly.

• 2023-05-29
• President Joe Biden Capitol Hill Kevin McCarthy debt ceiling Janet Yellen White House agreement in principle

Biden administration pushes for 30% electricity tax in swipe at crypto miners

The administration of U.S. President Joe Biden is campaigning for a tax on cryptocurrency miners equal to 30% of the cost of the power they use, citing what it calls “negative spillovers” from the industry.

• 2023-05-03
• President Joe Biden Bitcoin miners cryptocurrency miners Council of Economic Advisers industry insiders legal threats electricity grids

It’s Not Just Fraud That Chilled Crypto Regulation

While it’s easy to blame the recent shift in the regulatory mood regarding crypto markets on certain bad actors, the real roots lie beyond the crypto ecosystem, says Noelle Acheson.

• 2023-03-14
• President Joe Biden White House executive order digital assets Consumer Financial Protection Bureau Federal Trade Commission crypto regulation Commodity Futures Trading Commission administration ecosystem