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Opinion
The Unintended Consequences of Biden's Crypto Policy
The decline of bitcoin's price does not vindicate the Biden administration's crypto policy, as former advisers Ryan Cummings and Jared Bernstein suggest. Their New York Times op-ed is a prime example of selective memory, omitting crucial facts about the administration's regulatory approach. The authors claim the administration 'increasingly aggressive regulatory efforts' curbed scams and fraud, b…
April 7, 2026, 3 p.m.
Opinion
Crypto Policy Under Biden: A Legacy of Aggression
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April 7, 2026, 3 p.m.
Opinion
The Misguided Legacy of Biden's Crypto Policy: Regulation Through Hostility
The decline of bitcoin's price has been touted by former Biden economic advisers as a vindication of the administration's crypto policy. However, their argument relies on selective memory and omission of crucial facts. The Biden administration's approach to crypto was characterized by aggressive regulatory efforts, but these efforts were often misguided and had a perverse effect on the industry. …
April 7, 2026, 3 p.m.
Opinion
The True Cost of Biden's Crypto Policy: A Legacy of Hostility
The decline in bitcoin's price does not vindicate the Biden administration's approach to cryptocurrency, as two former economic advisers claim. Their opinion piece in the New York Times omits the fact that the administration's policy was not based on a reasoned regulatory framework. Instead, it was characterized by aggressive enforcement efforts that had a perverse effect: legitimate companies we…
April 7, 2026, 3 p.m.
Opinion
The Biden Administration's Crypto Policy: A Legacy of Hostility
The opinion piece by Ryan Cummings and Jared Bernstein attempts to justify the Biden administration's handling of cryptocurrency by highlighting its efforts to curb scams and fraud. However, this narrative glosses over the administration's failed strategy of 'regulation by enforcement,' which led to the demise of legitimate businesses, harmed consumers, and stifled American innovation. The author…
April 7, 2026, 3 p.m.
Opinion
Biden-Era Crypto Policy: A Legacy of Confrontation
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April 7, 2026, 3 p.m.
Opinion
The Biden Administration's Crypto Policy: A Legacy of Hostility and Confusion
The Biden administration's former economic advisers, Ryan Cummings and Jared Bernstein, have penned an opinion piece in The New York Times, arguing that the decline in bitcoin's price is a vindication of their administration's crypto policy. However, this claim has been met with criticism, with some arguing that it is a masterclass in selective memory, omitting the most consequential fact about B…
April 7, 2026, 3 p.m.
Opinion
The True Legacy of Biden's Crypto Policy: Regulation Through Hostility
The recent New York Times op-ed by former Biden economic advisers Ryan Cummings and Jared Bernstein attempts to rewrite history by downplaying the negative consequences of the administration's crypto policy. They claim that the decline in bitcoin's price is proof that their approach was correct, but this argument is based on selective memory and omission of key facts. The authors gloss over the f…
April 7, 2026, 3 p.m.
Opinion
The Hidden Consequences of Biden's Crypto Policy: A Legacy of Hostility
The decline in bitcoin's price does not vindicate the Biden administration's approach to cryptocurrency, as two former economic advisers have claimed. Their New York Times opinion piece is criticized for its selective memory, omitting the most significant fact about Biden-era crypto policy: it was not a well-reasoned regulatory framework. The authors praise the administration's efforts to curb sc…
April 7, 2026, 3 p.m.
Opinion
The True Legacy of Biden-Era Crypto Policy: Regulation Through Hostility
The recent New York Times opinion piece by former Biden economic advisers Ryan Cummings and Jared Bernstein presents a skewed view of the decline in bitcoin's price, attributing it to the administration's approach to cryptocurrency regulation. However, this perspective overlooks the most critical aspect of Biden-era crypto policy: its lack of a coherent regulatory framework. The authors commend t…
April 7, 2026, 3 p.m.