Biden bitcoin executive order

biden bitcoin executive order

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Biden signs executive order on cryptocurrency
On Monday, U.S. President Joe Biden signed an executive order establishing regulatory guardrails for the technology that looks set to upend. U.S. President Joe Biden signed an executive order on Wednesday calling on the government to examine the risks and benefits of cryptocurrencies. The Order lays out a national policy for digital assets across six key priorities: consumer and investor protection; financial stability;.
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Such safe access is especially important for communities that have long had insufficient access to financial services. The CFPB, an independent agency, also voluntarily provided information to the Administration as to risks arising from digital assets. In keeping with this tradition, the Administration plans to take the following steps to foster responsible digital asset innovation: The Office of Science and Technology Policy OSTP and NSF will develop a Digital Assets Research and Development Agenda to kickstart fundamental research on topics such as next-generation cryptography, transaction programmability, cybersecurity and privacy protections, and ways to mitigate the environmental impacts of digital assets.