White House Releases Bitcoin, Crypto Regulatory Framework
Following U.S. President Biden’s executive order, the White House published a framework for CBDC development and strict regulation of the ecosystem.The White House has published a legal framework for engaging with bitcoin and cryptocurrencies in the U.S. following a “whole of government” executive order (E.O.) from President Joe Biden earlier this year, per an official press release. The “Ensuring Responsible Development of Digital Assets” E.O. called on government agencies to produce varying forms of research regarding consumer privacy and protection, energy usage, and central bank....
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