Biden orders federal agencies to come up with cryptocurrency regulation plans

UPDATE: President Biden on Wednesday, March 9 signed the executive order (opens in new tab), which the White House outlined in a fact sheet (opens in new tab) issued before the signing. 

The Biden administration is planning to issue an executive order this week that would compel federal agencies to come up with a unified plan to regulate cryptocurrencies, according to reports from Bloomberg News (opens in new tab), which broke the story, and The Wall Street Journal (opens in new tab).


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