Joe Biden


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US House Passes Unamended Infrastructure Bill to President Joe Biden

The U.S. House of Representatives passed a $1.2 trillion bipartisan infrastructure bill with a controversial cryptocurrency tax reporting requirement, which is now awaiting President Joe Biden's signature. Executive Director of crypto trade group Blockchain Association Kristin Smith discusses the possible benefits and consequences of the bill for miners, crypto holders, and their taxes.

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Policy

Why Stablecoin Regulation Isn’t ‘Urgent’

The risks are real, but today’s report looks like a power grab.

WASHINGTON, DC - OCTOBER 06: U.S. Treasury Secretary Janet Yellen (C) listens to President Joe Biden during a hybrid meeting with corporate chief executives and members of his cabinet to discuss the looming federal debt limit in the South Court Auditorium in the Eisenhower Executive Office Building on October 06, 2021 in Washington, DC. Each of the meeting participants spoke in dire terms about the negative national and global economic reaction to Congress failing to raise the limit and the U.S. defaulting on its debt. (Photo by Chip Somodevilla/Getty Images)

Policy

Biden Administration to Congress: Put Stablecoins Under Federal Supervision – Or We Will

If U.S. lawmakers don’t act, regulators have the authority to take their own measures, according to the long-awaited report from the President’s Working Group on Financial Markets.

LEGISLATE, PLEASE: “The current regulatory framework isn’t set up to address some of the new kinds of risks that [stablecoins] could pose,” says Treasury Under Secretary Nellie Liang. (Andrew Harrer/Bloomberg via Getty Images)

Policy

Biden’s ‘Build Back Better’ Act Would Close Crypto Tax Loophole

The provision adds cryptocurrency transactions to constructive sale rules under the tax code.

U.S. President Joe Biden (Chip Somodevilla/Getty Images)

Policy

Biden’s Orwellian Tax Surveillance Policy

It’s political suicide for the Democrats, and a dark sign for America.

WASHINGTON, DC - OCTOBER 08: U.S. President Joe Biden delivers remarks on the September jobs numbers in the South Court Auditorium in the Eisenhower Executive Office Building on October 08, 2021 in Washington, DC. According to the U.S. Labor Department, the economy added a disappointing 194,000 jobs in September as the COVID-19 Delta variant negatively impacted the usual annual hiring patterns. (Photo by Chip Somodevilla/Getty Images)

Policy

Biden Wants to Know More About Crypto

The Biden administration’s approach to crypto continues to take shape, and it still doesn’t look like any sort of outright ban is on the table.

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Policy

White House Considering Executive Order on Crypto Oversight: Report

The order would include the Treasury Department, Commerce Department, National Science Foundation and national security agencies.

U.S. President Joe Biden (Chip Somodevilla/Getty Images)

Policy

Biden Administration Plans Cryptocurrency Sanctions to Combat Ransomware

It’s unclear how specifically the U.S. government will seek to mitigate ransomware payments.

U.S. President Joe Biden (Al Drago/Getty Images)