The President of the United States is expected to issue an Executive Order on Cryptocurrency Regulation next week. What may we expect as a result of this?
Not only crypto the President US is also give it order to executives for study crypto and central bank digital currencies (CBDC). thus resulting in the US government's strategy to regulate digital assets and cryptocurrencies. well the US government seems to be starting to focus on digital currencies and crypto for tighter regulation. the government has begun to intervene in a DEFI system in crypto so that it is centralized, if this affected negative results, the market will become a bloody market. Hopefully market will be recover again next week
I think they are also planning to follow the planning Russia which they did in the favor of crypto. I know that they will not impose a full ban on it and will follow the same module which the Russians are following that they may start accepting it but will impose a tax on it.