Biden executive order crypto
Biden Administration to Release Executive Order on Crypto as Early as February. It will also task several agencies with the job of creating reports on.
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The Biden admin is ramping up its work on crypto with Biden expected to sign an executive order as soon as February kicking off reviews of illicit finance financial stability competitiveness innovation and more.
. An official familiar with the matter within the Biden administration has reportedly said the US. President could issue an executive order on crypto as early as next week. According to the source Bidens White House is now preparing an executive order directing US federal agencies to regulate the crypto space including NFTs and stablecoins which could be released this month.
President Joe Biden may issue an executive order on crypto assets as early as this week according to reports. United States President Joe Biden is expected to issue an executive order on cryptocurrency policy this week per a report by Yahoo Finance. The Biden administration is readying an executive order for release as early as next month that will outline a comprehensive government strategy on cryptocurrencies and ask federal agencies to determine their risks and opportunities Bloomberg reported on Friday citing unnamed sources.
The Biden administration has named the crypto industry a matter of national security reported Barrons late last week citing a source familiar with the matter. Report The directive will ask federal agencies to determine the risks and opportunities posed by digital assets. The order will reportedly commission a study into the Central Bank Digital Currency CBDC or the digital dollar which the US is currently working on.
Plans for an executive order were first reported in January with the expectation.
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