The White House would like to get to the bottom of this whole "is cryptocurrency going to destroy the climate or not" thing. The Office of Science and Technology Policy announced it's putting together a report that assesses whether digital assets “impede or advance efforts to tackle climate change” and makes moves toward a “clean and reliable electricity grid.” Continue Reading →
President Biden signed an executive order on Wednesday calling on the government to examine the risks and benefits of cryptocurrencies including the potential for a U.S. central bank digital currency (CBDC). The measures focus on six key areas: consumer protection, financial stability, illicit activity, U.S. competitiveness, financial inclusion, and responsible innovation. Continue Reading →
The interweb is buzzing with speculation that President Biden will sign an executive order sometime this week to provide guidance to multiple federal agencies regarding possible regulatory changes for cryptocurrencies. The order has been in the works since 2021. Continue Reading →
President Joe Biden has nominated two net neutrality supporters – Jessica Rosenworcel as the commission's chair and former FCC staffer Gigi Sohn – to fill out the Federal Communications Commission’s five-member panel, which would give the Democrats a majority. Continue Reading →
TikTok WeChat
President Biden has issued Executive Order on Protecting Americans’ Sensitive Data from Foreign Adversaries, rescinding the previous administration's Executive Orders, which banned TikTok, WeChat, and other Chinese apps including Alipay, CamScanner, QQ Wallet, SHAREit, Tencent QQ, VMate, WeChat Pay, and WPS Office. Continue Reading →