Category: Joe Biden

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White House Rehires Adviser Who Helped Develop Biden’s Executive Order on Crypto

The White House has rehired Carole House, who helped develop President Joe Biden’s Executive Order on Ensuring Responsible Development of Digital Assets, as Special Advisor for Cybersecurity and Critical Infrastructure Policy at the National Security Council. Previously, House worked at the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN), leading efforts on cybersecurity and virtual currency…
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Crypto Industry Future: Insights From Marathon Digital’s CEO on Trump and Biden

Marathon Digital’s CEO has shared his insights on the future of the crypto industry and the potential impact of the upcoming presidential election. The executive observed that the Biden administration has historically been hostile to bitcoin and crypto through its various agencies. However, he noted a recent shift in its stance, likely due to the…
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SEC Demands $102M From Ripple, Dems Reportedly Prepare for Crypto Roundtable, and More — Week in Review

The U.S. Securities and Exchange Commission (SEC) is seeking a $102.6 million penalty from Ripple in the XRP case. Meanwhile, the Biden administration, along with Mark Cuban and Representative Ro Khanna, are preparing for a crucial crypto roundtable. A Bank of America report reveals that younger wealthy investors are increasingly favoring cryptocurrencies over traditional investments.…
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Polymarket Bets Show Growing Confidence in Trump’s Election Victory Over Biden

Ten days ago, after former President Donald Trump was convicted on 34 counts connected to a hush-money scheme, Polymarket bets indicated his chances of winning the 2024 election still stood at 54%, compared to incumbent President Joe Biden’s 40%. Since that time, the gap between Trump and Biden has widened significantly, with Polymarket odds increasingly…
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Crypto Voter Backlash: How Biden’s Veto May Have Cost Him the 2024 Election

After a period of intense scrutiny of the cryptocurrency industry, many speculated that the Biden administration had reversed its stance by allowing the U.S. Securities and Exchange Commission (SEC) to approve several spot ethereum exchange-traded funds (ETFs). However, President Joe Biden has vetoed the latest resolution intended to quash the SEC’s crypto asset rules in…
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President Biden Vetoes SEC SAB 121 Repeal Resolution

U.S. President Joe Biden issued a veto against H.J.Res. 109, a resolution that would disapprove of the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin No. 121 (SAB 121). In its veto document, Bides states that the approval of this Republican-led resolution would “inappropriately constrain the SEC’s ability to set forth appropriate guardrails and address…
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Spot Bitcoin ETF Approval Shakes Up Voter Investment Preferences, Crypto Gains Favor: Grayscale

Spot Bitcoin ETF approval has heightened the interest of the American voter in investing in Bitcoin or crypto, according to a Grayscale survey released Tuesday. Even so, the study pointed to multiple factors driving Bitcoin interest. These include global events, Bitcoin’s growing legitimacy, and inflation fears. The survey specifically shows voters paying closer attention to…
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TRON Founder Justin Sun Pushes For Pro-Crypto President Amid Trump, Biden Tensions

TRON founder Justin Sun is encouraging those in the blockchain sector to vote for the pro-crypto candidate as tensions heat up between Joe Biden and Donald Trump ahead of the 2024 U.S. presidential election. “We should support a presidential candidate who endorses cryptocurrencies,” Sun wrote in a statement on Sunday. “We need to demonstrate to…
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Biden Campaign Pleads For Donations To Compete With Crypto Execs Supporting Trump

President Joe Biden’s election campaign team is calling for financial aid to keep up with his Republican, competition, who he says is backed by the wealthy crypto industry. Biden Begs For Support To Fight Crypto In a widely circulated screenshot on Wednesday, Biden’s campaign team appeared to have messaged followers warning them of the sheer…
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Is Donald Trump’s Recent Crypto-Friendly Stance Genuine Or Opportunistic? Experts Weigh In

Presidential candidate Donald Trump recently expressed his backing for crypto, indicating that he would cease hostility towards crypto in the US if he were to be re-elected. “If we’re going to embrace it, we have to let them be.” He also told the audience that if they like crypto, “you better vote for Trump.” Previously,…
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