https[Suspicious link removed]cutive-order-policy-51663973653?siteid=yhoof2
The White House released a series of reports on crypto earlier this month, calling it the first-ever comprehensive framework for digital assets—but some Wall Street analysts and crypto industry officials aren’t buying it.
The problem isn’t the reports’ breadth. In more than 200 pages from agencies including the Treasury and Commerce Departments, the administration addressed crypto’s use in payments, criminal activity, and speculation. Pursuant to an executive order issued by President Joe Biden in March, agencies analyzed everything from the environmental impact of crypto miners to the risks posed by stablecoins whose reserves include U.S. Treasuries among other assets.