White House Releases Digital Asset Regulatory Framework – Bitcoin Magazine

The White House announced a regulatory framework for interacting with bitcoin and cryptocurrencies in the U.S. following an executive order (EO) by “whole government” from President Joe Biden earlier this year, according to a press release. Official press release.

The “Ensure the responsible development of digital assets” The EO calls on government agencies to conduct various forms of research related to privacy and consumer protection, energy use, and the benefits and risks of banking digital currencies. central bank (CBDC).

According to research provided, the White House intends to empower the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to “actively pursue investigations” in the space. digital assets.

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