After years of lobbying by the crypto industry, the U.S. Securities and Exchange Commission has rescinded an accounting rule that forced banks to treat bitcoin and other tokens as a liability on their balance sheets.
Efforts to overturn SAB 121 gained bipartisan support in Congress last year, although a veto from then-President Joe Biden left the measure intact, further hindering banks from expanding their crypto offerings.
President Donald Trump begins his presidential term. He touts plans to make America “the world’s crypto capital,” but his predecessor Joe Biden’s stance on crypto was more ambivalent.
The U.S. Securities and Exchange Commission’s new leadership said on Tuesday it had created a task force to develop a regulatory framework for crypto assets, in the first major move by President Donald Trump’s new administration to overhaul crypto policy.
U.S. stocks are about to close out Joe Biden’s era on a high note as the president bids farewell to the White House. The 46th president of the United States is bringing his time at the White House to a close with the S&P 500 up around 54% since he took office on Jan.
Trump has broad authority to issue such orders, but many of his more sweeping actions are likely to face legal challenges before they can take effect.
U.S. President Donald Trump has come through with an eagerly awaited executive order on crypto that directs his administration to establish
The bulk of the "Strengthening American Leadership in Digital Financial Technology" executive order is devoted to outlining rules for the development and use of crypto currencies
Now that Donald Trump is president, there’s no appetite within the GOP for scrutinizing the myriad conflicts of interest in the White House.
WASHINGTON – Lina Khan, who until Monday was an aggressive enforcer of antitrust law as the head of the U.S. Federal Trade Commission under former President Joe Biden, will resign from the ...
Donald Trump has ordered the release of records for several high-profile assassinations including former president John F Kennedy within 15 days, and Martin Luther King's death.