Latest Crypto News: President Biden Orders Government Agencies To Coordinate on Crypto Regulation Strategy
Latest Crypto News: President Biden Orders Government Agencies To Coordinate on Crypto Regulation Strategy Editorial Independence We want to help you make more informed decisions. Some links on this page — clearly marked — may take you to a partner website and may result in us earning a referral commission. For more information, see How We Make Money. President Joe Biden signed an executive order on cryptocurrency last week, marking the first concrete steps by the White House to regulate digital currency. Bitcoin and Ethereum saw initial price surges following news of the executive order, but both fell back within a matter of hours. The executive order outlines what government agencies, including the Treasury Department, need to do to develop policies and regulations on cryptocurrencies. It also calls on U.S. agencies to make sure the country’s cryptocurrency laws align with those of U.S. allies, and tasks the Financial Stability Oversigh...