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Biden regulating crypto | Biden isn't saying whether the U. While policymakers have been keen to downplay any systemic risks resulting from crypto, there have been increasing concerns over the role played by stablecoins. Next Post. And for those who do use banks, paying with traditional financial infrastructure can be costly and slow�particularly for cross-border payments. Crypto boosters are taking this process as a green light to flood Washington with suggestions. Something went wrong. |
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Breaking down President Joe Biden's crypto strategyU.S. President Joe Biden signed an executive order on Wednesday calling on the government to examine the risks and benefits of cryptocurrencies. President Joe Biden unveils Executive Order EO, a groundbreaking move that transforms the US Dollar into a cryptocurrency. This. It still leaves a big hole for Congress to fill. Failing to do so risks the sort of piecemeal enforcement that hobbled cryptocurrencies, but with much higher stakes.