Biden Takes Step Toward Regulating Cryptocurrencies
finickyPup1
May 19
WASHINGTON President Biden signed an executive order on Wednesday that will direct the federal government to come up with a plan to regulate cryptocurrencies, recognizing their popularity and potential to destabilize traditional money and markets. The order, under development for months, will coordinate efforts among financial regulators to better understand the risks and opportunities presented by digital assets, particularly in the areas of consumer protection, national security and illicit...
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