Biden

Billionaire and cryptocurrency advocate Mark Cuban has said that Gary Gensler and his actions as the head of the United States Securities and Exchange Commission could wreck President Joe Biden’s bid for reelection.  Cuban also stated that Gensler’s political aspirations would be worthless due to his rigid stance against cryptocurrencies.  Gensler Could Cost Biden Reelection Cuban made the comments while speaking at Coinbase’s State of Crypto Summit 2024 about the political fallout of the United States Securities and Exchange’s hard…

The post Biden Campaign Embraces Crypto Donations After Trump’s Move appeared first on Coinpedia Fintech News President Joe Biden’s campaign is in discussions with crypto industry players about accepting cryptocurrency donations through Coinbase Commerce. This news comes a few weeks after Trump began accepting crypto donations for his campaign through Coinbase Commerce. Biden’s campaign has been making efforts to engage with the crypto community recently, especially after his rival, Trump, made headlines for his pro-crypto stance. These efforts intensified, particularly…

Ripple’s CEO is convinced the firm is ready to go public through the IPO route. The Ripple boss is, however, convinced that SEC Chair Gary Gensler needs to be fired. The CEO of Ripple Labs Inc. Brad Garlinghouse says the company is now ready for an Initial Public Offering (IPO) launch. However, the company insists on removing Gary Gensler as Chairman of the Securities and Exchange Commission (SEC) for that to happen. Ripple CEO on IPO Prospects: Gensler’s Resignation Tops…

The post U.S. Biden Administration Seeks Revisions to FIT 21 Bill for Better Consumer Protection, Says It Won’t Veto appeared first on Coinpedia Fintech News The Biden administration has officially stated its opposition to the Financial Innovation Transparency (FIT) 21 bill in its present form, citing significant concerns over the lack of adequate protections for consumers and investors. Despite this opposition, the administration has expressed a willingness to collaborate with Congress to achieve a more balanced and comprehensive regulatory framework…

The post Biden Orders Shutdown of Chinese-Linked Crypto Miner Near U.S. Nuke Base appeared first on Coinpedia Fintech News President Biden has ordered the shutdown of MineOne, a Chinese-owned cryptocurrency mining facility near Warren Air Force Base, Wyoming. This move is prompted by concerns over foreign ownership, technology, and the facility’s proximity to the strategic missile base. The British Virgin Islands company, mostly owned by Chinese nationals, faces removal of all equipment within a mile of the military installation. In…

Uniswap founder takes a dig at the Biden administration, and “bashes them” for lack of open support for the crypto.  According to him, there should be proactive measures to publicly support cryptos to stand a better chance in this election.  Uniswap recently became the latest crypto exchange drafted for a lawsuit after the company admitted to having received a Wells Notice from the US Securities and Exchange Commission (SEC) in a Crypto News Flash report. Following an earlier reaction from…

Uniswap founder Hayden Adams has urged President Joe Biden to change his stance on crypto, adding that the anti-crypto stance of the Democrats could hurt the industry.  He also pointed out the contrasting stances of the US presidential election candidates, hinting that his current view on crypto could lead to a potential loss in the elections.  Biden Urged To Change Stance On Crypto  Adams’ made the comments in a recent post on social media platform X, expressing alarm at President…

.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 it manages to pass through the…

The International Monetary Fund wants El Salvador to change its Bitcoin laws. A loan of $1.4 billion is on the line, stirring a dicey situation for the Caribbean nation. El Salvador known for its unwavering stance on Bitcoin (BTC) has maintained its crypto policies, refusing to amend the Bitcoin law in exchange for a $1.4 billion credit from the International Monetary Fund.  This decision from El Salvador has raised discussions on lessons for Joe Biden, Olaf Scholz, and Emmanuel Macron…