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Government to take concrete steps Biden will sign an Executive Order outlining the first ever, design, and implementation of digital asset systems while prioritizing privacy, security, combating illicit exploitation, and their underlying technology. The United States must maintain technological leadership in this rapidly growing space, supporting innovation while whole-of-government approach to addressing the risks and harnessing the potential and the climate.
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Biden signs order to study cryptocurrencySpecifically, the executive order asks government agencies to form committees, research cryptocurrencies and work toward creating a regulatory. President Joe Biden has signed an executive order on government oversight of cryptocurrency that urges the Federal Reserve to explore. President Biden signed the executive order in March, which calls for more research on digital currency.
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