Biden Signs Bitcoin Executive Order, Taps ‘Urgent’ CBDC Development Today

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  • Central bank digital currency (CBDC) research and development is a matter of “urgency” to the U.S., according to President Joe Biden’s Wednesday executive order.
  • Regulatory agencies will work in a “whole-of-government” approach to combat illicit use of Bitcoin and other cryptocurrencies and further climate change protections and innovation while protecting investors through policy.
  • A “Future of money and payments systems” report will be researched by all relevant agencies and published by the Secretary of Treasury.


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