Regulators and industry leaders react to Biden‘s executive order on crypto
"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....
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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 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 […]
Will U.S. President Joe Biden’s executive order calling for regulatory guidelines around Bitcoin help or hurt the technology?
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....
Cryptocurrency guidelines released by the Biden administration this month show that officials are considering the benefits of crypto. That’s a step in the right direction. The White House released its first comprehensive framework this month for the Responsible Development of Digital Assets following President Joe Biden’s March 9 executive order. The order called for regulators to assess the industry and develop recommendations to safeguard investors while simultaneously promoting innovation. While more work is needed, the framework is a step in the right direction as it shows the....