“Treasury’s Schoolmarm Yellen says Mr. Biden’s order calls for a coordinated and comprehensive approach to digital asset policy aka meaningless!” — Paul Ebeling
Wednesday, US Treasury Secretary Yellen praised Mr. Biden’s still born executive order on cryptocurrency.
Among other silly things, Mr. Biden’s order directs Treasury and other departments to come up with policy recommendations “to address the implications of the growing digital asset sector and changes in financial markets for consumers, investors, businesses, and equitable economic growth.”
The Crypto market is ignoring the WH talk!
Bitcoin is trading at 42,189.72+3,376.51 (+8.70%) As of 08:04PM UTC. Market is open.
Ethereum is trading at 2,716.23+133.05 (+5.15%)As of 08:05PM UTC. Market is open.
Have a prosperous day, Keep the Faith!