This was perhaps the biggest story in the U. There's more to it than that but this is a quick tl;dr. According to : a BRIEFING.Next
My colleague Sandali Handagama has a more in-depth explanation.
The legislation will now go to other EU groups for further negotiations and debate.Next
CoinDesk created the original reference rate known as the Index which is widely sourced in the media including The Wall Street Journal, Financial Times, CNBC and many others on a daily basis.
Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.. I think investors also liked the positive tone in the order regarding innovation and competitiveness. Biden's order will ask the Justice Department to look at whether a new law is needed to create a new currency, with the Treasury, Securities and Exchange Commission, Federal Trade Commission, Consumer Financial Protection Commission and other agencies to study the impact on consumers.Next
Its mandate is to inform, educate and connect the global community as the authoritative daily news provider dedicated to chronicling the space.
More regulation and openness to innovation could also benefit many stocks in the space. The timing of the order was first reported by Bloomberg. CEO Alan Lane said on the company's most recent earnings call that while a U.Next
The White House last year said it was considering a wide-ranging oversight of the cryptocurrency market - including an executive order - to deal with growing threat of ransomware and other cyber crime.
The Biden order, likely to come on Wednesday, comes amid heightened concern about the use of cryptocurrencies by Russian elites to circumvent Western sanctions that have cut Russia off from large portions of the global economy, and moves by China and other economies to create their own cryptocurrencies. Why it matters This was perhaps the biggest story in the U.
President Joe Biden issued an , calling for a to research and report on digital assets in 180 days.
I am so very tired. That's likely a good thing for crypto investors, experts say.
Experts say more safety in the space is welcome.