Federal student loan forgiveness is immoral and fueled by the broken monetary system. Bitcoin would force higher education to improve.This is an opinion editorial by Bruce Fenton, host of Satoshi Roundtable and a current candidate for U.S. Senate.The so-called “forgiveness of student loans”...
FTX CEO Sam Bankman-Fried and other exchange staff visited the White House in May, according to visitor logs. FTX CEO and Others Visited White House FTX staff visited the White...
How will the President’s student loan debt relief program impact Bitcoin? It boils down to demographics.This is an opinion editorial by Robert Hall, a content creator and small business owner.President Biden on Wednesday announced a student loan relief package designed to lower the debt of millions of Americans across the country....
Biden’s student loan forgiveness plan demonstrates the need for sovereign financial rails like Bitcoin.This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, Q is joined by Jimmy Song, author of several Bitcoin books, to discuss the problems with President Biden's student loan forgiveness plan....
The U.S. Treasury has published a fact sheet outlining the American government's involvement with global regulators. U.S. Is Involved With Several Regulators Today's fact sheet includes a framework describing the...
The Biden administration is reportedly crafting policies intended to lower energy consumption and emissions from bitcoin mining.The White House is drafting policy to address bitcoin mining as it seeks to lessen energy consumption and emissions. In March 2022, President Biden signed an executive order in a “whole of government” approach to regulate the broader cryptocurrency market. Per...
The recent executive order offers insight into the United States government’s view of Bitcoin and how they intend to become an international leader.Joseph Stafford is a partner at the law firm Wilson Elser and provides counseling to clients in the Intellectual Property, Regulatory Compliance and Corporate/D&O Risk Management practice areas.By signing an executive order (EO) on...
Crypto investors could tumble if Biden's expected proposal for a minimum 20% tax on unrealized gains were to pass Congress. The harsh “eat the rich” measure has been described as unworkable and unconstitutional by many experts. The “Billionaire Minimum Income Tax” would target U.S. households worth more than $100 million and assess a 20% minimum tax rate on both income and unrealized capital...
Cryptocurrencies are becoming increasingly popular as a means of payment and store-of-value. However, President Biden's recent plan to sign an executive order will provide federal agencies with guidance on how they should approach cryptocurrency transactions from both regulatory perspectives and national security concerns associated with these digital assets. The U.S. federal government is looking into...
The order focuses on a collaborative government agency effort towards ‘urgent’ CBDC development and Bitcoin and cryptocurrency regulation.Central bank digital currency (CBDC) research and development is a matter of “urgency” to the U.S., according to President Joe Biden’s Wednesday executive order. Regulatory agencies will work in a “whole-of-government” approach to combat illicit use of...
The U.S. government is finally heeding to calls for the provision of regulations clarity for digital assets. Reports indicate that President Joe Biden is set to sign an executive order that will charge federal agencies to commence a thorough study of cryptocurrencies. White House commissioning joint effort to regulate crypto According to sources cited by...
The President is set to sign the order this week with a focus on national security and regulation.President Joe Biden is reportedly set to sign an executive order this week outlining the government’s plans for Bitcoin and cryptocurrency.The order will task U.S. federal agencies with examining potential regulatory changes, as well as the national security and economic impact of the market....
When Putin set out to invade Ukraine, the world wasn't sure what he intended. But while threats were being exchanged, a variable that wasn't considered in the war effort was something Russia was battling to legislate on: Crypto. Since the war started, Ukraine has continued to receive donations in crypto....
Bitcoin erased most of its losses earlier in the day as Biden announced the U.S. would limit Russia’s ability to trade in Western currencies.The U.S. will block five of the biggest Russian banks and freeze all assets they hold in America, worth over $1 trillion, President Joe Biden said in a press conference Thursday.U.K. prime minister Boris Johnson imposed similar sanctions...
This year, we have seen Bitcoin go down to $30,000, double to $60,000, then reach November's all-time high over $68,000 and tank once more around 20% on the same month, stabilizing around $57,000. As Bitcoin trades to the downside just like the U.S. traditional markets, we might be seeing a correlation. Stocks have been driven down lately by the uncertainty and selling pressure...
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