White House

White House Calls for Crypto Mining Standards; ECB Hikes Interest Rate 75 Basis Points
The White House Office of Science and Technology Policy called for further research on the energy impact of crypto mining to set standards for the industry. The European Central Bank (ECB) raised interest rates by 0.75 percentage points Thursday, the biggest single hike since it began setting monetary policy in 1999. SEC Chairman Gary Gensler speaks to CoinDesk on the state of crypto regulation.

White House Calls for Crypto Mining Standards to Minimize Environmental Impact
The report is the first public response to U.S. President Joe Biden's executive order on crypto, and also called for standards to be set to reduce energy usage.

FTX CEO Sam Bankman-Fried Addresses Crypto Bailout Outcomes Amid Recent Market Volatility
FTX CEO Sam Bankman-Fried said in a recent interview with Bloomberg that his crypto bailouts had "mixed" results. "The Hash" panel discusses the deals he made during the market downturn and his visit to the White House in May as lawmakers debated which government agency should be the crypto industry's primary federal market regulator.

Here’s Why FTX's Sam Bankman-Fried Visited the White House
FTX CEO Sam Bankman-Fried visited the White House in May amid regulatory turf battle between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details.

Crypto Exchange FTX's CEO Visited White House Amid Regulatory Fight
Sam Bankman-Fried and FTX’s regulatory team met with White House policy adviser Charlotte Butash in May.

US Tech Bill Creates White House Blockchain Adviser Role
Bipartisan legislation approved by Congress to help out computer-chip manufacturing will also establish a new digital assets expert to advise the president.

Ethics Watchdog Bars US Government Employees From Writing Crypto Policy if Invested
A new legal advisory from the Office of Government Ethics bars federal workers who own crypto from working on policies that could influence the value of their digital assets.

White House in Damage Control Mode as Crypto Markets Brace for 8%-Plus Inflation
The Biden administration blames Russia's war on Ukraine for the extraordinary elevated inflation to be revealed by Tuesday's data from the U.S. Labor Department.

White House Seeks Public Comments on Crypto ESG Concerns
The White House’s Office of Science and Technology Policy is seeking public commentary about crypto's energy and environmental impact, noting the potential for digital assets to aid climate change efforts. “The Hash” team discusses how public opinions could help regulators better understand Web 3 technology while commenting on the global trend of proof-of-work scrutiny.

White House Wants Public Comments on Crypto’s Energy Use and Environmental Impact
The Office of Science and Technology Policy is crafting a report that will examine where crypto fits into the country’s climate goals.
