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US to reportedly regulate cryptocurrency, Joe Biden likely to issue executive order this week

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US President Joe Biden is likely to move executive order to regulate cryptocurrency this week, as per media reports. As per a memorandum by the US NSC memorandum, government agencies, include the Departments of the Treasury, State, Justice, and Homeland Security, will be asked to assess the risks and opportunities that crypto poses, and delve into the details of a central bank digital currency, Bloomberg news cited an administration official.


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