White House ‘aware of the situation’ at Silvergate, says spokeswoman
The spokeswoman said that she won’t be commenting specifically on Silvergate, but the White House will be actively monitoring the situation.
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Custodia CEO Slams US Government Over Broad Crackdown, Lack of Regulatory Clarity in Crypto Industry
Caitlin Long, CEO of crypto bank Custodia, criticized the U.S. government for its handling of a massive crypto fraud that occurred months before the company’s collapse. She made her remarks…
White House cryptocurrency ‘roadmap’ recommends against pension funds
The Biden administration touted its comprehensive framework and encouraged regulators and Congress to tighten the screws on crypto in a new statement.
White House silent on whether it will return $5.2M in donations from SBF
A White House spokesperson dodged point-blank questioning on whether President Joe Biden is planning to return the political donations from SBF.
White House, US Senators Call for Proper Crypto Oversight
The White House and members of the U.S. Senate Banking Committee have called for proper cryptocurrency regulation following the collapse of crypto exchange FTX. “Without proper oversight of cryptocurrencies, they…
White House says ‘prudent regulation of cryptocurrencies‘ is needed, hinting at situation with FTX
According to Press Secretary Karine Jean-Pierre, the administration and financial agencies will “closely monitor” developments in the crypto market.
Biden Accuses Twitter of Spewing Lies Across the World as Elon Musk Rolls Out Twitter Blue Subscription
Elon Musk has started rolling out a $7.99-a-month Twitter Blue subscription service. U.S. President Joe Biden, however, is concerned that the billionaire has bought a social media platform “that spews…
White House Is Not Preparing for Recession — Chief of Staff Says US Economy Is Strong
White House Chief of Staff Ron Klain says that the U.S. is not in a recession. “The economy is growing. It is strong,” he stressed. In addition, White House Press…
4 Years After the 2017 Law Enforcement Takedown, Alphabay Is Once Again the King of Darknet Markets
Following the demise of the largest darknet marketplace (DNM) in mid-July 2017, the underground market Alphabay returned in August 2021, and during the last year, Alphabay has managed to once…
White House Says Reports of National Security Reviews on Elon Musk Are ‘Not True’ — Tesla CEO Prepares to Close Twitter Deal Friday
The White House has clarified that the Biden Administration is not discussing subjecting Elon Musk’s ventures to national security reviews. The Tesla CEO is reportedly preparing to close the $44…