Biden Administration to Release Executive Order on Crypto as Early as February: Report

Biden Administration to Release Executive Order on Crypto as Early as February: Report
The White House is readying an executive order for release as early as next month that will outline a comprehensive government strategy on cryptocurrencies and ask Federal agencies to determine their risks and opportunities, Bloomberg reported on Friday, citing unnamed sources.The directive would place the White House in a central role overseeing efforts to set policies and regulate digital assets, Bloomberg reported.Federal agencies have already been studying or providing regulatory guidance around the digital asset sector for years.The Office of the Comptroller of the Currency (OCC), SEC and CFTC have issued guidance letters, informal statements and public rulemaking efforts to…