Category: Biden Administration

Texas Senator Claims People Are Flocking To Bitcoin Because US Is On ‘the Verge Of An Inflation Crisis’

This week the United States senator from Texas, Ted Cruz, appeared on the Fox News television broadcast Hannity and discussed the leading crypto asset bitcoin. Cruz told Hannity he believes…

White House Tech Advisor Tim Wu Keeps At Least $1 Million In Bitcoin

Tim Wu, top advisor to the Biden administration on technology and competition policy, holds more than $1 million in cryptocurrency, shows a recently filed financial disclosure. The antitrust expert, who…

Biden Administration Expanding Cryptocurrency Analysis To Find Criminal Transactions

The U.S. government is expanding its cryptocurrency analysis in a strategy to find and pursue criminal transactions. This comes in the wake of a rising problem of ransomware involving cryptocurrency,…

SEC Urges Congress To Pass Cryptocurrency Legislation To Protect Investors

The U.S. Securities and Exchange Commission (SEC) has urged Congress to pass cryptocurrency legislation to protect investors, the new SEC chairman has revealed. The securities regulator is also working with…

White House Defends Trillion-Dollar Stimulus While Jamie Dimon And Larry Summers Warn Of Runaway Inflation

On Wednesday the White House defended President Joe Biden’s trillion-dollar spending proposals despite the criticism concerning rising inflation and low-interest rates. Inflation has risen at unprecedented levels in the U.S.…

Biden Administration Looking To Increase Cryptocurrency Oversight To Protect Investors, Prevent Illicit Transactions

The Biden administration is reportedly looking to increase oversight of the crypto market with the aim to protect investors and prevent illicit transactions. White House officials, lawmakers, and central bankers…