Tag: US Government

The Biden administration wanted to nix a “special tax subsidy for cryptocurrency,” but it wasn’t in the May 28 debt ceiling bill. Another narrow escape? The crypto sector appears to have dodged another bullet. At the time of publication, the United States has reached a political agreement to raise its debt ceiling, avoiding a calamitous…

Ron DeSantis understands the ethos of cryptocurrency. For single-issue crypto holders, that puts him ahead of the pack in the 2024 presidential race. Crypto Twitter discussions about law and policy are informed chaos, a specialized cacophony. Despite the drama involved with Gov. Ron DeSantis’ announcement on Twitter that he was running for president in 2024,…

The ads will emphasize the financial innovations facilitated via crypto and raise awareness for Coinbase events and lobbying efforts. United States crypto exchange Coinbase is rolling out another national ad campaign in America focusing on the “critical” role that crypto will play in modernizing the global financial system. In a May 22 blog post, the…

The United States Congressional Budget Office has predicted that the U.S. government’s annual deficits will “nearly double over the next decade.” The United States government faces a “significant risk” of no longer meeting all of its financial obligations as early as June, as per a recent report. According to a May 12 report published by the…

USDC brings stability to cryptocurrency. It would behoove the financial system if policymakers took measures to foster its adoption. Ignore the doomsayers. The United States is still the world’s leading economy and will remain so in the future. With its global talent pool and world-class institutions, the U.S. has a competitive edge in virtually every…

The Coinbase CEO has a lot of faith that Congress will make a “clear rule book” for crypto firms to follow. But the Securities and Exchange Commission? Not so much. United States-founded cryptocurrency exchange Coinbase has no plans to move its operations out of the U.S., CEO Brian Armstrong told investors in an Q1 earnings…