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Joe Biden
Cryptocurrency Is an Unlikely Workaround for Expanded US Sanctions Against Russia
No, crypto won’t “fix this” for Russia, CoinDesk’s Global Policy and Regulation Managing Editor Nik De explains why legal and blockchain experts are saying that cryptocurrency is an unlikely workaround for expanded U.S. sanctions against the Russian government. Plus, are sanctions enough?
Unconstitutional Crypto Surveillance Tucked Inside Biden’s Infrastructure Bill?
In November, U.S. President Joe Biden signed into law the infrastructure bill that includes a controversial provision broadening the tax code’s definition of “broker.” Yet, crypto and civil liberties attorney Marta Belcher suggests there could be another hidden crypto provision that violates the Fourth Amendment of the U.S. Constitution.
Key Takeaways From CoinDesk’s Investigative Report on Trump-Era Crypto Policy
CoinDesk filed a Freedom of Information Act (FOIA) request with the U.S. Treasury Department for former Treasury Secretary Steven Mnuchin’s crypto-related emails. In turn, it received documents that shed light on how the Treasury Department under former President Donald Trump broadly viewed crypto, including those who advocated for CBDCs.
US Senators Urge Treasury Secretary Janet Yellen to Clarify Infrastructure Bill Language Before 2022
In August, U.S. President Joe Biden signed into law the historic $1 trillion infrastructure bill, raising concerns about its controversial definition of “broker.” Now, a group of bipartisan senators are pushing Treasury Secretary Janet Yellen to provide clarification on the language no later than the end of the year.
Biden to Release 50M Barrels of US Oil to Lower Gas Prices
As part of an effort to combat high gas and oil prices for Americans, U.S. President Joe Biden has ordered the release of 50 million barrels of oil held in the nation's Strategic Petroleum Reserve. "The Hash" panel discusses the potential repercussions for the crypto industry.
Bitcoin Struggles at $60K Resistance, Support Above $53K
BitBull Capital CEO Joe DiPasquale discusses his crypto markets analysis and outlook as upsides look limited for bitcoin around the $60,000 resistance level. Plus, his reactions to El Salvador's "Bitcoin City" announcement and U.S. President Joe Biden nominating Jerome Powell as Federal Reserve Chairman for a second term.
Biden Nominates Powell For a Second Term as Fed Chair, Appoints Brainard Vice Chair
U.S. President Joe Biden has nominated Jerome Powell for a second term as the Federal Reserve chair, after much speculation that Fed Governor Lael Brainard could replace him to lead the central bank for the next four years. Brainard will be the Fed’s vice chair when the nomination is officially signed.
Biden Nominates Jerome Powell for New Term As Fed Chairman
U.S. President Joe Biden has nominated Jerome Powell as Chairman of the Federal Reserve for a second term. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what we know and what this means for future crypto regulation.
President Biden Signs $1T Infrastructure Bill With Crypto Broker Reporting Requirement Into Law
U.S. President Joe Biden has just signed into law the $1 trillion bipartisan infrastructure bill that contains a controversial crypto provision that potentially expands the definition of a "broker." "If this goes through ... it's going to make it very difficult for crypto to really flourish in the U.S.," said host Naomi Brockwell. "It's going to push innovation off shore."
President Biden Signs Infrastructure Bill Containing Crypto Broker Reporting Requirement Into Law
President Joe Biden signed the $1 trillion bipartisan infrastructure bill into law Monday, containing a controversial cryptocurrency tax reporting requirement. CoinDesk’s Nikhilesh De discusses the potential industry repercussions for the crypto community.