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PARAGRAPHPresident Joe Biden signed an executive order Wednesday that urges the Regulatee Reserve to explore whether the central bank should spur a rally in cryptocurrencies, pushing virtual tokens like Dogecoin.

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Biden Administration Is Politicizing Crypto. With law that threatened to impose invasive surveillance on all cryptocurrency transactions. President Joe Biden unveils Executive Order EO, a groundbreaking move that transforms the US Dollar into a cryptocurrency. This. The Biden administration wants to implement a strategy for digital assets to preserve the government's ability to set monetary policy.

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Government to assess the technological infrastructure and capacity needs for a potential U. Subscribe to get the full newsletter here. Some participants in digital currency welcome the idea of more government involvement with crypto. The Administration will continue work across agencies and with Congress to establish policies that guard against risks and guide responsible innovation, with our allies and partners to develop aligned international capabilities that respond to national security risks, and with the private sector to study and support technological advances in digital assets.