The comments came after reports said the White House was considering reducing the size of its proposed stimulus package.
Some institutions have paused their buying, at least for the moment.
In this episode, Anna Baydakova, Tanzeel Akhtar and Nik De discuss to expect from U.S. President Joe Biden’s administration regarding crypto, how QuadrigaCX users are doing and trying to predict the future for Ripple.
Reports are that Chris Brummer – author of a volume on crypto assets and frequent speaker on digital currencies – will chair the CFTC.
As the Biden Administration gets underway, what can we expect for cryptocurrency technologies alongside an ascendent bitcoin?
Uncertainty is leading many to take short-term profit, according to the “Coinbase Premium” indicator.
Janet Yellen, Joe Biden’s pick for the Treasury Secretary, has revealed her policy for cryptocurrencies, including bitcoin. She claims that cryptocurrencies are mainly used for illicit financing and their use needs to be curtailed. Janet Yellen Reveals Her Plans for Cryptocurrencies In the Senate hearing to consider Janet Yellen’s nomination as Secretary of the Treasury […]
The sell-off also led to major corrections for other cryptocurrencies including ether, stellar, xrp and chainlink.
Janet Yellen claimed many cryptocurrencies are used “mainly for illicit financing.”
The incoming president has already announced he would tap pro-crypto, pro-regulation Gary Gensler to lead the SEC, but a number of other names and issues remain outstanding.