President Biden is expected to sign an executive order on Wednesday outlining a strategy for cryptocurrencies.
Biden's order calls for a 180-day deadline for reports on "the future of money" and the role that cryptocurrencies will play.
There has been concern about Russia's use of cryptocurrencies to get around Western sanctions that have cut Russia off from large portions of the global economy. "President Biden's historic executive order calls for a coordinated and comprehensive approach to digital asset policy," said
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President Biden to issue cryptocurrency executive order: AP sourcesPresident Joe Biden is expected to sign an executive order on cryptocurrency this week that will mark the first step toward regulating how digital currency is traded.
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President Biden to issue cryptocurrency executive order: AP sourcesPresident Joe Biden is expected to sign an executive order on cryptocurrency this week that will mark the first step toward regulating how digital currency is traded.
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President Biden to issue cryptocurrency executive order: AP sourcesPresident Joe Biden is expected to sign an executive order on cryptocurrency this week that will mark the first step toward regulating how digital currency is traded.
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