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Biden to issue executive order on cryptocurrency implicit, cryptocurrency
will remain a part of the US economy for years to come. & open possibillity
to new central bank digital currency Read further below.
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Biden to issue executive order on cryptocurrency
( Appperently liniar speaking . . )
” The move comes as administration officials have raised concerns in recent
weeks about Russia’s use of cryptocurrency to evade the impact of crushing
sanctions in response to its invasion of Ukraine . . .
The order will explore the possibility of a new central bank digital currency.
The Federal Reserve issued a paper on the topic in January that explores the
risks and benefits of US-backed digital currency.. .
Implicit in the order will be that cryptocurrency will remain a part of the US
economy for years to come.. .
Washington— President 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. ”
Biden to issue executive order on cryptocurrencyNew york post 08.03.22By Associated Press
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