President Donald Trump begins his presidential term. He touts plans to make America “the world’s crypto capital,” but his predecessor Joe Biden’s stance on crypto was more ambivalent.
White-collar lawyer and former U.S. attorney Neil MacBride has rejoined Davis, Polk & Wardwell following a two-year stint as general counsel to the U.S. Treasury Department, the firm said Monday.
Jim Biden’s activities have been investigated in recent years in two federal criminal probes, as POLITICO has reported.
The U.S. Securities and Exchange Commission (SEC) has removed a hurdle that had kept U.S. banks from adopting Bitcoin (BTC) and other cryptocurrencies. The Wall Street regulator has eliminated an accounting rule that forced banks to treat Bitcoin
Incoming President Donald Trump will have the chance to appoint most of the directors who oversee America's biggest public utility after President Joe Biden failed to get TVA board nominees confirmed by the U.
The U.S. Securities and Exchange Commission has rescinded an accounting rule that forced banks to treat bitcoin and other tokens as a liability on their balance sheets. The guidance was a major deterrent to Wall Street banks owning bitcoin.
(Reuters) - Newly sworn-in President Donald Trump has tapped Mark Uyeda, a Republican member of the U.S. Securities and Exchange Commission, to be acting chair of the agency, the White House said Monday.
Donald Trump, newly inaugurated as President, has appointed Mark Uyeda as the SEC's acting chairman with Gary Gensler stepping down.
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The U.K. daily Financial Times (FT) reported on the 25th (local time) that the SEC has revoked the cryptocurrency custody accounting guideline 'SAB 121' on the 23rd. This guideline is characterized by requiring financial institutions to reflect cryptocurrencies held for customers as liabilities on the balance sheet.
Donald Trump’s co-campaign manager for the 2024 election will join Coinbase’s Global Advisory Council along with a former senator, NY Fed president and Colombian ambassador.
Many of the executive actions related to bitcoin and crypto were wish-list items the industry has been pushing for.