After years of lobbying by the crypto industry, the U.S. Securities and Exchange Commission has rescinded an accounting rule that forced banks to treat bitcoin and other tokens as a liability on their balance sheets.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.
Jim Biden’s activities have been investigated in recent years in two federal criminal probes, as POLITICO has reported.
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.
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.
The SEC published a new staff accounting bulletin rescinding SAB 121, which set certain rules for financial firms wanting to hold crypto.
President Joe Biden will give a primetime Farewell Address on Wednesday night, five days before he leaves office on Jan. 20.
U.S. President Donald Trump has announced significant investments and initiatives aimed at accelerating the adoption and integration of digital assets within mainstream financial systems. This
Now that Donald Trump is president, there’s no appetite within the GOP for scrutinizing the myriad conflicts of interest in the White House.
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.
Former President Joe Biden issued an Executive Order (EO) entitled “Strengthening and Promoting Innovation in the Nation’s Cybersecurity” on January 16, 2025. The EO is designed to