President Joe Biden is reportedly expected to issue an executive order on cryptocurrency this week. crypto bitcoin $BTC
U.S. President Joe Biden is expected to issue an executive order on cryptocurrency this week, an administration official familiar with the matter reportedly told Yahoo Finance. The news of the Biden administration preparing an executive order on crypto wasThe executive order will direct a wide range of government agencies to study cryptocurrency and central bank digital currency , and come up with a government-wide strategy to regulate crypto assets, the publication conveyed.
The Financial Stability Oversight Council will examine financial stability issues stemming from digital assets. According to the International Monetary Fund , crypto couldThe Attorney General, the Federal Trade Commission , and Consumer Financial Protection Bureau will study how the growth of the crypto sector could impact market competition.
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