After a full retrace to $38,000 left crypto traders disappointed, Bitcoin’s swift bounce back up to the $42,000 range comes amid leaked comments from Treasury Chair Janet Yellen about the upcoming executive order to be signed by President Biden. The Treasury Department appears to have inadvertently released a statement from Yellen earlier than planned, before […]
President Joe Biden on Wednesday urged the federal government to research and develop a digital dollar in an executive order describing broader directives for a coordinated and comprehensive U.S. approach to digital assets. See related article: CBDC tracker shows U.S. falling further behind Fast facts “My Administration places the highest urgency on research and development […]
President Joe Biden on Wednesday plans to order government agencies to take a closer look at issues surrounding the fast-growing crypto market, from developing a potential digital dollar to combating illicit finance. The White House executive order, which was outlined in a fact sheet, comes as the administration faces calls from the industry to take […]
U.S. President Joe Biden has signed a “historic” executive order on crypto assets, establishing “a national policy for digital assets across six key priorities,” the White House stated. The executive order outlines “the first-ever, whole-of-government approach to addressing the risks and harnessing the potential benefits of digital assets and their underlying technology.” President Joe Biden’s […]
The U.S. treasury department has warned that non-fungible tokens (NFTs) may present new illicit finance risks. According to industry estimates, the NFT market could reach $35 billion in 2022 and more than $80 billion by 2025. NFTs May Present Illicit Finance Risks The U.S. Department of the Treasury announced Friday the release of a “study […]