Experts On Biden Bitcoin Executive Order

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U.S. President Joe Biden signed an executive order (E.O.) yesterday outlining federal efforts to research and develop specific guidelines for the use of bitcoin, alternative cryptocurrencies and a possible Federal Reserve central bank digital currency (CBDC) as the country seeks to remain at the core of the global financial system.

“With respect to digital assets, my Administration will seek to ensure that our core democratic values are respected; consumers, investors, and businesses are protected; appropriate global financial system connectivity and platform and architecture interoperability are preserved; and the safety and soundness of the global financial system and international monetary system are maintained,” the order reads.

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