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US President Biden to Issue Executive Order on Crypto This Week: Report

U.S. President Joe Biden is reportedly expected to issue an executive order on cryptocurrency this week. It will direct a wide range of government agencies to come up with a government-wide strategy to regulate crypto assets.

Executive Order on Crypto Expected This Week
U.S. President Joe Biden is expected to issue an executive order on cryptocurrency this week, an administration official familiar with the matter reportedly told Yahoo Finance. The news of the Biden administration preparing an executive order on crypto was first reported in January.
The executive order will direct a wide range of government agencies to study cryptocurrency and central bank digital currency (CBDC), and come up with a government-wide strategy to regulate crypto assets, the publication conveyed.
Various government agencies will be asked to produce a report on the future of money and payment systems, including the Departments of the Treasury, State, Justice, and Homeland Security.
The Financial Stability O

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