On May 11, the American businessman and television personality said if Joe Biden loses the presidential election, “there is a good chance you will be able to thank Gary Gensler and the SEC (Securities and Exchange Commission).” “Crypto is a mainstay with younger and independent voters,” he said before adding that SEC Chair Gensler “has not protected a single investor against fraud.” The outspoken entrepreneur didn’t stop there, adding that all the SEC has done is make it...
Read More »Biden Admin To Kill Republican Bill Letting U.S. Banks Custody Crypto
.A Republican-led effort to free American banks to provide crypto custody services has been shut down by the Democrat-led White House. On Wednesday, the House of Representatives discussed and prepared to vote on House Resolution 109 (H.J. Res. 109), which would strike down prior accounting guidance from regulators to banks planning to offer the service to customers. Hours before the vote began, however, the Biden Administration stated its intention to veto the resolution if...
Read More »US Lawmakers Continue Their Push for Stablecoin Reform
CoinspeakerUS Lawmakers Continue Their Push for Stablecoin Reform Reps. Patrick McHenry and Maxine Waters have been very consistent in their bid to see a stablecoin bill passed into law. US Lawmakers Continue Their Push for Stablecoin Reform
Read More »Biden Administration’s Comprehensive Policy on AI: Safeguarding Rights and Safety
CoinspeakerBiden Administration’s Comprehensive Policy on AI: Safeguarding Rights and Safety By the summer, the administration wants to hire 100 AI experts to work for the government. The goal of this hiring drive is to improve the government's AI knowledge and skills. Biden Administration’s Comprehensive Policy on AI: Safeguarding Rights and Safety
Read More »BODEN, Solana-based Meme Coin Named after US President, Surges 830% in Six Hours
CoinspeakerBODEN, Solana-based Meme Coin Named after US President, Surges 830% in Six Hours BODEN's surge in value is part of a broader trend of meme coins inspired by prominent figures such as politicians and celebrities. BODEN, Solana-based Meme Coin Named after US President, Surges 830% in Six Hours
Read More »Trump Calls for Action on ‘Dangerous and Scary’ AI Following Increase in Deepfake Usage
CoinspeakerTrump Calls for Action on ‘Dangerous and Scary’ AI Following Increase in Deepfake Usage The ex-president’s words echo sentiments shared by players in both the technology and political spheres about the potential use of AI to create visual and audio media meant to mislead the public, especially before the upcoming elections. Trump Calls for Action on ‘Dangerous and Scary’ AI Following Increase in Deepfake Usage
Read More »Biden Admin Launches “Emergency” Survey Of Bitcoin Miners’ Electricity Usage
The Biden Administration is imposing new reporting requirements on all U.S. cryptocurrency miners to disclose data related to how much electricity they consume. The so-called “Emergency Survey” marks another attempt by the U.S. government to curb the negative excesses of Bitcoin mining, which Democrats have widely criticized for polluting the environment. The Emergency Bitcoin Mining Survey The Energy Information Administration (EIA) will begin its survey next week,...
Read More »Coinbase Crypto Advocacy Group: 18 US Senators Openly Support Crypto
CoinspeakerCoinbase Crypto Advocacy Group: 18 US Senators Openly Support Crypto Cryptocurrency has been a major point of discussion in politics lately, with experts stating that the crypto community stands to play a significant role in elections. Coinbase Crypto Advocacy Group: 18 US Senators Openly Support Crypto
Read More »Ron DeSantis Vows to End the War on Crypto in America
Ron DeSantis – the republican governor of Florida who recently threw his hat into the 2024 presidential ring – said that the present commander-in-chief Joe Biden has started a crypto war that will end once he, DeSantis, becomes the next leader of the free world. Ron DeSantis Vows to Open the Crypto Door as President During a recent campaign event in New Hampshire, DeSantis pledged his love and loyalty to bitcoin, continuing a string of pro-crypto statements that...
Read More »Trump, Kennedy, and More: How Do 2024 Presidential Candidates Look at Crypto?
The approaching presidential vote in the United States in 2024 promises to be intriguing and contested as more and more well-known candidates announce their participation in the election. Both the Democratic and the Republican parties have amassed serious figures who put the economic welfare of Americans, the improvement of the domestic health sector, the US immigration policies, and other aspects at the center of their campaigns. Some of the candidates have also touched upon...
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