Biden to sign executive order to outline US cryptocurrency strategy

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Biden to sign executive order to outline US cryptocurrency strategy
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President Biden is expected to sign an executive order on Wednesday outlining a strategy for cryptocurrencies.

Biden's order calls for a 180-day deadline for reports on "the future of money" and the role that cryptocurrencies will play.

There has been concern about Russia's use of cryptocurrencies to get around Western sanctions that have cut Russia off from large portions of the global economy. "President Biden's historic executive order calls for a coordinated and comprehensive approach to digital asset policy," said

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