gary gensler
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Biden to Feds: Figure Out This Crypto Thing, Stat
Joe Biden is dipping his toes into crypto. On Wednesday, the president signed a first-of-its-kind executive order outlining a path to regulation of cryptocurrencies and encouraging federal agencies to study the creation of a U.S. digital dollar on the blockchain. Bitcoin’s price surged in the glow of the president’s attention.
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The Cryptocurrency Lobby Is a New Major Climate Enemy
The United States Senate on Tuesday approved the weak $US1 ($1.5) trillion bipartisan infrastructure package after negotiating for weeks. It will now head to the House of Representatives for final approval. Tucked into the end of the bill are provisions on cryptocurrencies that became a major sticking point in the waning hours of the Senate’s…