White House to enter crypto regulation fray

White House to enter crypto regulation fray

The Biden administration is preparing to release a government-wide strategy to regulate cryptocurrencies as early as February, with the market in the over the Federal Reserve’s fight against inflation.

According to an administration official, the forthcoming National Security Council (NSC) memorandum will task federal agencies to assess the risks and opportunities that crypto poses, and delve into the details of a central bank digital currency. The move will also review the impact of…


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