biden
Biden Dropout Chances Rise on Polymarket After Covid Diagnosis
The chances of President Joe Biden withdrawing from the race for U.S. president rose to 66% on betting platform Polymarket after the President confirmed on X that he had been diagnosed with Covid-19. In an interview with BET News that aired yesterday, Biden said that he would consider dropping out should he be diagnosed with a medical condition. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
Kraken Considers Nuclear Energy for Data Centers; Biden's Odds of Dropping Out Jump on PolyMarket
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as crypto exchange Kraken considers using nuclear energy as a power source for its data centers. Plus, Nigeria's money laundering trial against Binance and two executives was adjourned until July 5. And, the odds that President Biden drops out of the race for the White House hit an all-time high of 60% on Polymarket.
FTX Victims File to Recover $8B in Forfeited Assets; Will Biden and Trump Shake Hands Before Debate?
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as FTX victims asked a New York court to rule that the crypto exchange's forfeited assets belong to its customers, not the bankruptcy estate. Plus, AI-related tokens slide following spikes in AI-related Google search queries. And, will Biden and Trump shake hands before the first Presidential debate next week?
Marathon Digital Holdings CEO on White House's Crypto Mining Tax Proposal
The Biden Administration is pushing to impose a punitive tax on crypto mining operations for the "harms they impose on society," according to an online post from the White House’s Council of Economic Advisers (CEA). Marathon Digital Holdings CEO Fred Thiel shares his reaction and why he thinks the White House "just wants to get rid of crypto" in the U.S.
Future of Crypto Mining Taxes in the U.S.
Yahoo News is reporting that the Biden Administration is pushing for a 30% climate change tax on cryptocurrency mining. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses what it would take to incorporate the proposal.
New White House Report Lays Out Issues Seen in Crypto Sector
A new report from the Biden administration looks at a number of claims and stated goals from the crypto industry, ranging from cryptocurrencies' role as investment vehicles and payment tools to its potential use in payment infrastructure. The report said that "many [cryptocurrencies] do not have a fundamental value" and noted other issues with the sector. "The Hash" panel discusses the details of the report and the outlook for crypto regulation in the country.
How the Crypto Industry Can Move Forward in 2023
U.S. officials in the Biden administration published a statement on Friday urging Congress to “step up its efforts” with respect to regulating the cryptocurrency market. Chamber of Digital Commerce Founder and CEO Perianne Boring weighs in on the state of U.S. crypto regulation and the "critical role" of Congress to provide oversight of U.S. regulators.
What to Expect for Treasury Secretary Janet Yellen’s Crypto Speech
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses the upcoming speech from Treasury Secretary Janet Yellen regarding cryptocurrencies, noting President Biden’s recent executive order and an upcoming meeting in the House Financial Services Committee. Plus, a conversation on how Elon Musk’s new board seat at Twitter could raise issues with the SEC.