Thursday, January 27, 2022
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A Biden move on Cryptocurrencies

By DAC000 , in Regulation , at October 12, 2021 Tags:

is possible, according to Bloomberg and multiple sources. First move could come in the form of an Executive Order that would “clarify the responsibilities of various agencies and task them with examining relevant topics and reporting back”. About a two minute read.

Comment: if you ever needed proof politicians are clueless here it is; the cryptocurrency market is sized in excess of two trillion dollars but the dithering continues. Actually the suggestion of regulation is a net positive for cryptocurrencies, but the government is still ignoring DeFi. As I’ve said before, that is a big mistake.