Category: white
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White House Eager To Work With Congress On Crypto Framework Bill
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Today, the Executive Office of United States President Joe Biden issued an Administration Policy Statement on legislation HR 4762 – the Financial Innovation and Technology Act 21 (FIT 21), which aims to create clear guidelines for digital assets. JUST IN: ?? The White House is eager to work with Congress…
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US FDIC needs ‘fresh start’ with new chair, White House official says By Reuters
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Written by Nandita Bose, Pete Schroeder, and Douglas Jellison WASHINGTON (Reuters) – The White House believes the U.S. Federal Deposit Insurance Corporation needs a “fresh start” with a new president who is not part of the leadership that has overseen its long-standing cultural problems, a White House official told Reuters…
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President Joe Biden Will Veto Legislation Allowing Financial Firms to Custody Bitcoin: White House
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Executive Office of US President Joe Biden Announce Its position on the proposed legislation, HJ Res. 109, would allow highly regulated financial companies to act as custodians for bitcoin and other cryptocurrencies. JUST IN: ?? US President Joe Biden’s administration says Biden will veto legislation that would allow highly regulated…