Save The Nation - Feb 2021

Amidst the regulatory blitz of President Biden’s first few weeks, the Financial Crimes Enforcement Network (FinCEN) quietly took further steps to regulate cryptocurrencies. While the White House was busy freezing all other pending rules, FinCEN was moving forward with the extension of a new rule that would require banks and money services businesses (MSB’s) to record and disclose the identities of individuals involved in crypto transactions. Although the proposed rule only targets transactions over $10,000, it nevertheless represents an existential threat to cryptocurrencies as we know them, and has prompted outrage from the crypto community.

Parents across America are rightfully expressing their outrage at the Biden’s administration’s latest guidance regarding school reopenings. The president’s unrealistic list of requirements for sending students back to the classroom were heavily influenced by teachers unions rather than science, even as studies have established that schools aren’t “super-spreaders” of COVID-19.