Cryptocurrency Analysis and News Portal
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.In a Wednesday announcement, the White House said President Biden's executive order required government agencies to explore the potential
Read More
Bitcoin (BTC) and other cryptos traded higher on Wednesday after U.S. President Biden's executive order did not impose new regulations on the industry (for now). Ethereum (ETH) underperformed. And volatility is rising, keeping option traders busy. Original Source
Read More
The executive order appears to be broadly supportive of the digital asset industry and seeks to put the U.S. “ahead of the curve” as crypto becomes a more important part of the global economy, said Jefferies analyst Jonathan Peterson in a note to clients. Source
Read More
“It was better than I thought it was going to be,” said Kristin Smith, executive director of the Blockchain Association, a Washington, D.C.-based crypto industry group. “Given all of the FUD that has been out there about a regulatory crackdown, I think this is obviously in stark contrast. This is
Read More
(b) Consistent with the goals stated in section 5(a) of this order: (i) Within 180 days of the date of this order, the Secretary of the Treasury, in consultation with the Secretary of Labor and the heads of other relevant agencies, including, as appropriate, the heads of independent regulatory agencies
Read More
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
Read More
Bitcoin (BTC) held onto swift gains at the Wall Street open on March 9 as nerves over U.S. regulatory moves calmed. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewExecutive order enters with a whimperData from Cointelegraph Markets Pro and TradingView showed BTC/USD maintaining $42,000 into the start of trading on March 9.The pair
Read More
Later today, U.S. President Joe Biden will sign a long-anticipated executive order on digital assets. Despite fears that the order may resound a regulatory clampdown on the industry, the language of the document is fairly favorable, the key focus being coordination and consolidation of various agencies’ efforts within a unified
Read More
"Under the executive order, Treasury will partner with interagency colleagues to produce a report on the future of money and payment systems," Yellen said. "... because the questions raised by digital assets often have important cross-border dimensions, we’ll work with our international partners to promote robust standards and a level
Read More
Singapore's high standards may be discouraging some crypto companies from establishing operations in the nation state; investors were wrestling with the latest developments in Ukraine and await the order by President Joe Biden on Wednesday. Original Source
Read More