The regulator is charged with overseeing derivatives market activity, including cryptocurrency derivatives.
The draft language could mean a number of individuals interacting with crypto may have to start reporting their transactions.
Regulatory authorities are talking about stablecoins more and more, but it remains to be seen what they’ll actually implement.
"Hackers with a history of working for the PRC Ministry of State Security (MSS) have engaged in ransomware attacks, cyber enabled extortion, crypto-jacking, and rank theft from victims around the world, all for financial gain," a White House press release said.
Jake Sullivan said the "cryptocurrency challenge ... lies at the core" of ransomware attacks.
White House antitrust adviser Tim Wu holds bitcoin and filecoin, according to a recent financial disclosure.
"Expanding cryptocurrency analysis" is part of the U.S. president's new review of ransomware attacks.
A lot happened in May on the regulatory front. We’re finally getting a view of what the Biden Administration may do about crypto.
The pandemic has made Americans increasingly open to getting help from the government. The Biden budget aims to make the most of those feelings.
Proposed cryptocurrency regulations are in the first budget released by Joe Biden's White House.
Why isn't the prospect of more U.S. stimulus boosting bitcoin's price?
Carol House, the National Security Council’s director of cybersecurity, said crypto developers failed to hardcode necessary guardrails.
Analysts pointed to the Biden proposal to double capital gains taxes on high-income individuals as the catalyst.
Bitcoin falls as Biden's plan to raise capital gains tax hurts risk appetite.
The top cryptocurrency is changing hands near $50,500 at press time, representing a 4% gain on the day, having clocked a high of $51,320 early today, according to CoinDesk 20 data.