US president Biden hints at crypto regulation in latest speech
US President Joe Biden pointed out the loopholes in the crypto industry at the Bidenomics in Chicago, Illinois, on June 28. In the first part of his speech , the US president emphasized the country’s infrastructure and the creation of 13.4 million new jobs in the region over the past two years, which according to him, are “more jobs in two years than any president has ever” assembled in the same timeframe. In addition, President Biden pointed out the flaws of the current federal tax system, saying that he would “make it fair.” U.S. President Biden said in his speech on Biden’s economics on the 28th: We’re going to make it fair by eliminating loopholes for crypto traders, hedge fund managers. https://t.co/Hf5QLqEBMX pic.twitter.com/D02iDjkMAa — Wu Blockchain (@WuBlockchain) June 29, 2023 The US president added that, at this point, “fair” means “eliminating loopholes for crypto traders, hedge fund managers.” You might also like: FTX engages in talks to bring...