Biden To Sign Bitcoin, Crypto Executive Order This Week Today

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  • President Joe Biden is reportedly set to sign an executive order this week outlining the government’s plans for Bitcoin and cryptocurrency.
  • The order will task U.S. federal agencies with examining potential regulatory changes, as well as the national security and economic impact of the market.
  • The plan is expected to involve the Treasury Department, State Department, and Commerce Department, among others.

President Joe Biden will sign an executive order this week to task federal agencies with assessing the risks and opportunities that Bitcoin and cryptocurrencies bring to the U.S. and outline the government’s strategy for the market’s regulation, reported Bloomberg.