Post
Topic
Board Altcoin Discussion
Re: US president to issue order next week
by
freedomgo
on 19/02/2022, 23:44:44 UTC
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.html

Hopefully, this EO will create positivity on side of crypto that will pave way for a later adoption for crypto.
That will be a decisive decision on how in the future the US will provide a clear certainty. If the executive orders from Biden next week make sure all markets will have a positive reaction. What's more, Bitcoin users in the United States are quite massive, so at least it's a careful consideration so as not to limit cryptocurrency operations.
Adoption for crypto in US will bring good news to all crypto miners and traders as they will have limitless operations anytime. Hopefully, President Biden will be able to discover that adopting crypto will pave way for a bigger progress in the country's economy.  And i think the citizens will not oppose if adoption will be possible in the future as based on last year's survey, 86% of Americans have already heard about cryptocurrencies and that they are no longer naive about it. But one thing is for sure, bitcoin will never be a legal tender in US as they their always vocal that there should only be a single official currency in their country.