Biden Archives - Cryptolifedigital

In a bold move aimed at strengthening the integrity of the tax system and levelling the playing field, President Biden has pledged to eliminate tax loopholes for crypto traders and hedge fund managers. With an estimated $18 billion in lost tax revenue attributed to these loopholes, the President aims to restore fairness and accountability within the crypto industry. The announcement sent shockwaves through the market, prompting a brief dip in Bitcoin's value before it rebounded, showcasing the industry's resilience. Read Also: Israel's Ministry of Defense Seizes Millions in Cryptocurrency Intended for Terrorist Financing, with Support from Binance https://twitter.com/WatcherGuru/status/1674462671989530630 President Biden To Address Tax Evasion Practices President Biden made his int...

President Joe Biden has announced his intention to elect former Obama administration official and Ripple adviser, Professor Michael Barr, as the Fed Vice-Chair for supervision, following the withdrawal of former Federal Reserve Board Governor Sarah Bloom Raskin. In an announcement on Friday, the White House said Barr was Biden’s pick to supervise the Federal Reserve and set the regulatory agenda for its leadership. Read Also: Just On March 8, Cega Finance Announced That It Had Been To Raise $4.3 Million In A Seed Round Led By The Dragonfly Capital Partners. Between 2015 and 2017, Barr was a Ripple adviser. He also served as the Treasury Department’s assistant secretary for financial institutions during Barak Obama’s administration and taught courses on financial regulat...

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President Biden Vows to Close Crypto Loopholes, Sending Ripples Through the Market

President Biden to Nominate Michael Barr as Fed Vice Chair for Supervision