President Biden is expected to issue an executive order next week directing all government agencies to study Crypto and digital currency in efforts to develop a united strategy to regulate digital assets. In addition to the forming of an FBI unit dedicated to crypto, the administration is engaged in wide-ranging efforts to regulate the sector after a Bloomberg News report claimed a rift has developed between the White House and Treasury regarding crypto regulations. Each agency has been given specific aspects and impacts to study to determine the future of central bank digital currency (CBDC) in the future of the U.S.
Telling it like it is - Considering Bitcoin has been around for 13 years we’d say there is some catching up to do.