Biden Executive Order on Cryptocurrency Opens Door to Future Regulation
President Joe Biden issued a long-awaited cryptocurrency executive order Wednesday, directing federal agencies to study a wide range of issues including protecting consumers and businesses, safeguarding national security, and preventing criminal activity. The order also includes a directive to study the possibility of creating a U.S. digital dollar, an idea that other countries like China, which already has government-backed tokens, have embraced. Biden’s order comes as countries around the world have been rushing to catch up on regulating the cryptocurrency market. We’ll talk about the…
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