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White House News and Articles



White House cryptocurrencies

White House Released a Report on Crypto Regulations

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The Biden administration issued a framework on crypto regulations in the US. The report explores ways how the financial services industry should evolve to make borderless transactions easier and how to fight crypto crimes. It considers existing regulators like the SEC and the CFTC, but there isn't...

White House crypto mining

White House Report Analyzes Bitcoin Mining and Its Impact

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The White House released a report exploring the challenges and opportunities of cryptocurrencies for energy and climate change problems in the US. According to the report, the use of digital assets based on distributed ledger technology is growing. The White House says as an emerging tech...

White House crypto mining

White House Explores Crypto Mining and Its Energy Impact

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The White House is exploring the mining of cryptocurrencies and its impact on the environment. A report by Bloomberg informs that a task force now is examining the benefits and shortcomings of the sector to develop proper policy suggestions. Costa Samaras, who serves in the White House Office of...

White House US Budget crypto

President Biden's Proposal Expects $10 B in Crypto Tax By 2032

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The Office of management and budget of the White House released the budget of the US government, for the fiscal year 2023. According to the proposal, the government could establish new rules for digital assets which would generate an additional $11 bln by 2032. The proposal also expands the ability...

White House regulations

White House to Present Government Policy of Crypto in February

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The US presidential administration is going to issue an initial government strategy for the crypto industry next month, after which agencies will estimate the risks and advantages of digital assets. A report by Bloomberg, based on the information from people familiar with the subject, reveals that...

White House crypto laws

White House to Support Minor Changes to Crypto Tax Proposal

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The USA Senate is currently discussing an infrastructure project that includes crypto. A bill presented on August 2 offered to gather $28 M from the industry. That would be achieved via transaction records and new reporting rules for crypto brokers. The bill wasn't received well by everybody....

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