Biden's executive order reverberated around the country. This is what everyone is saying about it.
Joe Biden has signed his 82nd executive order since being sworn into office in January 2021, directly addressing a regulatory framework for digital assets in a rare moment for the U.S. president.President Biden's executive order required government agencies to explore the potential rollout of a United States central bank digital currency as well as coordinate and consolidate policy on a national framework for crypto. Many media outlets previously reported the U.S.
The reaction from many industry leaders compared the executive order to a regulatory opportunity — Biden had rarely spoken directly about crypto and blockchain during his presidency. Reports suggested that the situation with Russia potentially using digital currency to evade U.S. sanctions may have contributed to the U.S. president not waiting longer.
“The approach outlined in the E.O. will reinforce U.S. leadership in the global financial system and safeguard the long-term efficacy of critical national security tools like sanctions and Anti-Money Laundering frameworks.”Lawmakers and regulators were quick to chime in on the executive order. Treasury Secretary Janet Yellen, who may have
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