White House Releases Digital Asset Regulatory Framework – Bitcoin Magazine

The White House has released a legal framework for dealing with bitcoin and cryptocurrencies in the US following a “government-wide” executive order (EO) by President Joe Biden earlier this year, according to an official press release.

The EO “Ensuring Responsible Development of Digital Assets” called on government agencies to produce different forms of research on consumer privacy and protection, energy use, and the benefits and risks of digital currency. central bank (CBDC).

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

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