The pandemic has proven that consistent access to high-speed internet is an essential good. Without it, urgent tasks like applying for unemployment, attending school, scheduling a vaccine appointment, and seeing loved ones are difficult or impossible. Those who’ve finally gotten connected during the pandemic say it provides a sense of normalcy and safety amidst crisis. Advocates of equitable access say the internet is no luxury but instead a utility like water, gas, or electricity, and that Americans like Wright shouldn’t be left behind to bridge the digital divide on her own.
Bitcoin BTCUSD, 0.78% has risen a staggering 548% during the past twelve months, while Ethereum ETHUSD, 1.61%, the second most valuable cryptocurrency, has gained roughly 690% during that time, according to FactSet, compared to a 71% rise for the S&P 500. But the fate of this rally could depend greatly on President Joe Biden and his administration’s regulatory stance to the burgeoning crypto economy, experts tell MarketWatch. Here are the five biggest regulatory questions the Biden administration will face in the coming months and years that will greatly impact cyrpto investors: