Biden Administration Expanding Cryptocurrency Analysis to Find Criminal Trans...

Biden Administration Expanding Cryptocurrency Analysis to Find Criminal Trans...

The U.S. government is expanding its cryptocurrency analysis in a strategy to find and pursue criminal transactions. This comes in the wake of a rising problem of ransomware involving cryptocurrency, such as bitcoin. “Combating ransomware is a priority for the administration,” said a spokesperson for the White House. US Government to Expand Cryptocurrency Analysis The Biden administration unveiled its strategy to combat cryptocurrency ransomware in a White House press briefing Tuesday. “Combating ransomware is a priority for the administration,” White House....


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Biden Administration Developing Cryptocurrency Regulation — Treasury to Provi...

The Biden administration is reportedly developing a regulatory framework for the cryptocurrency markets. The new chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, is waiting for direction from the Treasury to establish cryptocurrency regulation. New Crypto Regulation Being Developed by Biden Administration Fox Business’ Charlie Gasparino reported Monday that the Biden administration is in what’s been described to him by people close to them as “the early stages of developing a regulatory approach to the crypto markets.” He noted that the....

Biden Administration Looking to Increase Cryptocurrency Oversight to Protect ...

The Biden administration is reportedly looking to increase oversight of the crypto market with the aim to protect investors and prevent illicit transactions. White House officials, lawmakers, and central bankers have had several meetings on cryptocurrency regulation amid recent price swings of crypto assets. Biden Administration Discussing Crypto Regulation The Biden administration, lawmakers, and central bankers have held numerous meetings amid recent volatility in the crypto market, the Washington Post reported Tuesday. White House officials were briefed by the Treasury Department about....

Biden Administration May Roll Back Some Crypto Regulations, Top Banking Regul...

The top U.S. banking regulator is concerned that the Biden administration may roll back some cryptocurrency regulations aimed at protecting consumers. This includes allowing national banks to custody crypto assets put in place during the Trump administration. Biden Administration Could Change US Crypto Regulations Acting Comptroller of the Currency, Brian Brooks, shared several concerns regarding cryptocurrency regulations in an interview with CNBC last week. Brooks is the administrator of the federal banking system and chief officer of the Office of the Comptroller of the Currency (OCC).....

Biden Administration Drafting Bitcoin Regulation, Why It Could Be Approved Soon

Fox News correspondent Charles Gasparino claimed via his Twitter handle that Joe Biden’s administration is currently working on a “regulatory approach” to Bitcoin, cryptocurrencies, and the crypto industry in general. Citing Wall Street executives close to the Biden administration, Gasparino clarified that the new regulations are in an early stage. Deputy Treasury Secretary Wally Adeyemo […]

Biden Makes Cryptocurrency a Focus of New Anti-Corruption Directive for Natio...

Cryptocurrency is a point of focus in President Joe Biden’s new directive aimed at combating corruption as a core national security interest of the U.S. An official of the Biden administration says that major parts of the directive will focus on cryptocurrency and cybercrime. Crypto a Focus in Biden’s New Directive for National Security President Joe Biden has issued a new directive to federal agencies to prioritize efforts to confront global anti-corruption. It was published in the “Memorandum on Establishing the Fight Against Corruption as a Core United States National....