Is the Biden Administration Really Trying to Kill Crypto?

Is the Biden Administration Really Trying to Kill Crypto?

In the blockchain industry, a looming notion persists that American regulators might attempt to “kill crypto” or stifle this innovative sector’s growth. This concern was further amplified by the Biden administration’s controversial... Read more »
The Biden administration now requires large cryptocurrency miners to report their energy use

The Biden administration now requires large cryptocurrency miners to report their energy use

The Biden administration recently announced that it would be requiring large cryptocurrency mining operations to report electricity usage, via a press release from The Energy Information Administration. This follows concerns that the... Read more »
Competitive Enterprise Institute Slams Biden Administration Push To Tax Digital Asset Energy Usage In Crypto Mining

Competitive Enterprise Institute Slams Biden Administration Push To Tax Digital Asset Energy Usage In Crypto Mining

The Biden Administration has not been known for embracing Fintech innovation and, in the past couple of years, has become more hostile towards digital assets in general. One aspect the Biden Administration... Read more »
Biden administration unveils new crypto tax reporting rules

Biden administration unveils new crypto tax reporting rules

Bitcoins are seen in this illustration picture taken September 27, 2017. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Aug 25 (Reuters) – Cryptocurrency brokers, including exchanges and payment processors, would have to report... Read more »
MAXUSDT(TRX) is purportedly a Tron cloud mining administration.

MAXUSDT(TRX) is purportedly a Tron cloud mining administration.

  MAXUSDT(TRX), most significantly, can’t be mined – all models at the moment are accessible to be used, so the easy thought that shoppers will put sources into TRX mining is deceptive.... Read more »
Tracker: Crypto and Fintech Developments in the Biden Administration 

Tracker: Crypto and Fintech Developments in the Biden Administration 

In latest months, there was a barrage of cryptocurrency information owing to market turbulence and piecemeal regulatory developments. The cryptocurrency market—a $1.7 trillion business that has grown considerably in the final decade—nonetheless... Read more »
US Lawmaker Urges Biden Administration to Develop ‘Robust Strategy’ to Prevent Crypto Use to Evade Sanctions – Regulation Bitcoin News

US Lawmaker Urges Biden Administration to Develop ‘Robust Strategy’ to Prevent Crypto Use to Evade Sanctions – Regulation Bitcoin News

A U.S. lawmaker has urged the Biden administration to develop a “sturdy technique” to stop cryptocurrency from getting used to evade sanctions. “Emerging applied sciences like cryptocurrency supply many optimistic purposes like... Read more »
Biden Administration To Regulate Bitcoin As A Matter Of National Security: Report

Biden Administration To Regulate Bitcoin As A Matter Of National Security: Report

The White House needs to set out a cohesive set of insurance policies to manage Bitcoin and cryptocurrencies as at present laws and its enforcement are scattered throughout sectors and companies, based... Read more »
Biden Administration Pushes Global Crypto Data Sharing Rules In .5 Trillion Budget Bill: Report – Regulation Bitcoin News

Biden Administration Pushes Global Crypto Data Sharing Rules In $3.5 Trillion Budget Bill: Report – Regulation Bitcoin News

The Biden administration is reportedly pushing to incorporate international crypto knowledge sharing guidelines within the $3.5 trillion price range package deal. The Treasury needs crypto companies to report info on international account... Read more »
Biden’s Administration Pushes For ‘Last-Minute’ Crypto Additions In Infra Bill

Biden’s Administration Pushes For ‘Last-Minute’ Crypto Additions In Infra Bill

Joe Biden. Source: A screenshot, Instagram/potus US President Joe Biden’s administration is urging Democrats to incorporate extra guidelines on tax compliance for crypto transactions within the forthcoming USD 3.5tn finances reconciliation bundle.... Read more »