Joe Biden Releases Statement On Cryptocurrency

The United States president, Joe Biden, has released a statement expressing the concerns on Crypto and the Order put in place to “Ensuring Responsible Development of Digital Assets”. This will mark the first step in positive Crypto recognition, as the plans seems to talk about furthering research to understand the market, lowering the risk financial institutions have regarding their investments and/or relationship with digital assets, and increasing the supervision digital assets assume as a whole to try and fight exploitation.

What the order entails – The Six Priorities

  1. Consumer and investor protection
  2. Financial stability
  3. Illicit finance
  4. U.S. leadership in the global financial system and economic competitiveness
  5. Financial inclusion
  6. Rsponsible innovation.

To understand more about each of these key priorities, please visit WhiteHouse.Gov.

To speak to a professional on Crpyocurrency, contact KXCO.IO.