Wednesday, the White House published details of their anticipated executive order regarding digital assets such as cryptocurrency. The Biden Administration has called the plan the first-ever whole government approach to addressing digital asset technology.
The Fact Sheet. The order goes into detail regarding agencies across the US taking measures to mitigate risks to consumers, investors, businesses, and global financial stability while harnessing the power of digital assets. So far, leaders in the crypto industry are optimistic about the administration's choice to recognize the importance of being a global leader in crypto.
Telling it like it is — It is sort of like Biden just started duct taping Putin’s escape hatch closed.