
Is Biden Prepping an Executive Order on Crypto?
The Breakdown
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Introduction
A report from bloomberg that the beyden administration is weighing an executive order on crypto. This is sort of like saying that no one who owns stocks can be involved in figuring out how to regulate the stock market. Tthe scrutiny has fuel behind the scenes jostling between agencies over who has jurisdiction over fast growing corners of the market, from stable coins to crypto lending products. But they still haven't decided whether they're going to actually release this executive order or not.
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