Biden’s 2022 Budget Includes New Crypto Reporting Proposals
Proposed cryptocurrency regulations are in the first budget released by Joe Biden's White House.
White House antitrust adviser Tim Wu holds bitcoin and filecoin, according to a recent financial disclosure.
"Expanding cryptocurrency analysis" is part of the U.S. president's new review of ransomware attacks.
Jake Sullivan said the "cryptocurrency challenge ... lies at the core" of ransomware attacks.
A lot happened in May on the regulatory front. We’re finally getting a view of what the Biden Administration may do about crypto.
The pandemic has made Americans increasingly open to getting help from the government. The Biden budget aims to make the most of those feelings.