Share this article

The Crypto Industry Isn’t Too Thrilled About Biden’s Big Policy Moves

Crypto lobbyists now face two problematic tax provisions and some debatable recommendations on stablecoin regulation.

By Sandali Handagama

Updated May 11, 2023, 3:42 p.m. Published Nov 9, 2021, 2:30 p.m.

WASHINGTON, DC - NOVEMBER 06: U.S. President Joe Biden speaks during a press conference in the State Dining Room at the White House on November 6, 2021 in Washington, DC. The President is speaking after his Infrastructure bill was finally passed in the House of Representatives after negotiations with lawmakers on Capitol Hill went late into the night. (Photo by Samuel Corum/Getty Images)