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US House of Representatives to Vote on Controversial SAB 121 Bill
US House of Representatives votes on Senate Bill 121, affecting cryptocurrency industry, potentially restricting banks' management and causing concentration risk, requiring Democrats' support.
Biden urges technology firms to prioritize safety in AI development
US President Joe Biden has called for technology companies to prioritize safety when developing and releasing artificial intelligence (AI) products. He acknowledged the potential benefits of AI in addressing global issues, but emphasized the need to address risks to society, national security, and the economy. Biden also urged Congress to approve non-partisan privacy laws that prioritize health and safety in product development.
President Biden Claims that Musk Purchased a Platform that Promotes Hate Speech
President Joe Biden has slammed Elon Musk's acquisition of Twitter
US Treasury Invites Public Opinions on Digital Assets Framework
The US Treasury Department has requested US citizens to comment on how Biden's Executive Order on digital assets could be streamlined and modernized.
Biden Receives Crypto Regulation Framework from Treasury
The United States Treasury Department has delivered a crypto framework to President Joe Biden as instructed in the Executive Order (EO) issued back in March
US President Joe Biden to Sign Executive Order on Crypto this Week
U.S. President Joe Biden is expected to issue an executive order on cryptocurrency this week. Authorities would be expected to develop policies to enable the U.S. government to work with foreign powers to regulate crypto and its trade across international borders.
Bitcoin Gains Momentum as Biden Slaps Russia with Sanctions
Bitcoin entered the green zone after U.S. President Joe Biden revealed new sanctions meant to cut off Russia from western finance.
Biden's Administration to Release Crypto Strategy on Digital Assets Next Month
US President Joe Biden's administration is working on an initial government-wide strategy on digital assets for release next month.
Biden To Name Crypto Critic Saule Omarova To Lead OCC
US President Joe Biden plans to nominate Saule Omarova to run the Comptroller of the Currency (OCC) Office. Omarova, a professor at Cornell University Law School, is known for her critical view of cryptocurrency and the financial sector.
Biden To Aim at Deal With The Role of Crypto in Ransomware Attacks at G7 Meeting
Ransomware attacks and the role of cryptos like Bitcoin is a concern to the U.S. President Joe Biden is set to address with the G7.