California’s Executive Order On Crypto Can Propel Growth In The Industry
California Governor, Gavin Newsom has signed an executive order for state agencies to facilitate the federal government to create regulations for crypto. Tech investors and businesses have been looking forward to this move by California for almost a decade. The executive order signed by the governor comprises a roadmap concerning regulations and customer safeguarding along […]
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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 […]
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....
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....
After it was discovered that FTX was dealing with financial issues and the crypto exchange paused withdrawals, U.S. regulators started to take notice. On Nov. 10, 2022, California’s Department of Financial Protection and Innovation (DFPI) published a consumer alert and said the state regulator was “investigating the apparent failure of crypto asset platform FTX.” California’s Department of Financial Protection Investigates FTX, Publishes Consumer Warning Following the report that shows the U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) are reportedly....
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 […]