Is Biden The Crypto Whisperer? Industry Leaders Weigh In On New Executive Order
The long-awaited executive order on crypto by President Joe Biden is here. In an unprecedented move for a US president, Joe Biden has signed his 82nd executive order since taking office in January 2021, expressly addressing a legal framework for digital assets. While the executive order is the first big move to pull the government […]
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Many people in the crypto industry welcome President Joe Biden’s executive order on crypto. A crypto regulatory expert says, “It’s about as good as we could ask.” Another sees the order as the federal government viewing “cryptocurrency as a legitimate, serious, and important part of the economy and society.”
Crypto Community Welcomes Biden’s Executive Order
U.S. President Joe Biden signed an executive order (EO) Wednesday establishing a national policy for digital assets. The order is “the first-ever, whole-of-government....
"The proverbial doors of policymakers are wide open, this is now a national conversation in the U.S.," said Circle CEO Jeremy Allaire. Joe Biden has signed his 82nd executive order since being sworn into office in January 2021, directly addressing a regulatory framework for digital assets in a rare moment for the U.S. president.In a Wednesday announcement, the White House said President Biden's executive order required government agencies to explore the potential rollout of a United States central bank digital currency as well as coordinate and consolidate policy on a national framework....
A Cornell University economics professor says that President Joe Biden’s executive order on the regulation of cryptocurrency could benefit the industry. “Ultimately what these sorts of regulations provide to the industry is legitimacy,” said the professor. Cornell Professor on Crypto Industry Benefiting From Biden’s Executive Order Eswar Prasad, professor of economics at Cornell University, shared his thoughts on U.S. President Joe Biden’s crypto executive order and what it means for the industry in an interview with CNBC, published Thursday. Prasad is....
United States President Joe Biden is poised to ink a crypto executive order this week, an administration official with knowledge of the matter disclosed. The EO will direct government agencies to conduct detailed examinations of various areas of the crypto asset landscape in order to develop an extensive regulatory framework. According to reports, the executive […]
U.S. President Joe Biden is reportedly expected to issue an executive order on cryptocurrency this week. It will direct a wide range of government agencies to come up with a government-wide strategy to regulate crypto assets.
Executive Order on Crypto Expected This Week
U.S. President Joe Biden is expected to issue an executive order on cryptocurrency this week, an administration official familiar with the matter reportedly told Yahoo Finance. The news of the Biden administration preparing an executive order on crypto was first reported in January.
The executive....