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Biden’s Executive Order Produces Few Answers in Crypto Reports From US Treasury

After six months, the federal government’s review of the crypto world hasn’t yet offered a road map for oversight, though it hinted at a federal regulatory structure and emphasized that a central bank digital currency may have serious support.

"If these risks are mitigated, digital assets and other emerging technologies could offer significant opportunities," Treasury Secretary Janet Yellen said of the new reports published by her department in response to President Joe Biden's executive order on crypto (Sarah Rice/Getty Images)
"If these risks are mitigated, digital assets and other emerging technologies could offer significant opportunities," Treasury Secretary Janet Yellen said of the new reports published by her department in response to President Joe Biden's executive order on crypto (Sarah Rice/Getty Images)