White House weighs executive order on cryptocurrencies: report

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White House weighs executive order on cryptocurrencies: report
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The Biden administration is weighing an executive order on cryptocurrencies, as part of an effort to set up a government-wide approach to the asset class,...

The Biden administration is weighing an executive order on cryptocurrencies, as part of an effort to set up a government-wide approach to the asset class, Bloomberg News reported Friday.

Bloomberg said the proposed directive would charge federal agencies with studying and offering recommendations on crypto, and would touch on financial regulation, economic innovation and national security. The report cited people familiar with the matter.

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