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?
Surely the results of the decision that will be launched by President Joe should have a good impact on cryptocurrency adoption and not burden it too much with such strict rules. Although this is a big question, is it possible that it really has a positive side? Everyone hopes for the best for the future that the US position will have a significant impact if the decision is positive.
President Biden is expected to issue an executive order next week directing agencies across the government to study cryptocurrencies and a central bank digital currency (CBDC), and come up with a government-wide strategy to regulate digital assets. Source:
https://finance.yahoo.com/news/biden-order-on-crypto-oversight-expected-next-week-source-says-173452499.htmlHopefully, this EO will create positivity on side of crypto that will pave way for a later adoption for crypto.