US President Joe Biden has officially approved the decree on cryptocurrencies. The decree did not impose any restrictions or bans on cryptocurrencies. In fact, with this decree, the US Federal Reserve officially started working on the digital dollar.
In a content we shared with you yesterday; US President Joe Biden’s decree on cryptocurrencies for signing we talked about. This happened, and Biden signed the decree in the past hours. With this signature, the U.S. on cryptocurrencies strategy has also become clear.
In a statement by the White House, “digital assets and their underlying of technologies of the benefits to take advantage of In order to eliminate the risks and risks, President Biden will sign the presidential decree today, which will take the approach of the state completely and with all its institutions. Order, determined 6 priority items on the management of digital assets.” while the statements were given, it was also explained what these substances were.
Here are 6 items that the USA cares about in cryptocurrencies
- Consumer and investor protection
- financial stability
- illegal finance
- US leadership in global finance and economic struggle
- Financial participation
- Supporting responsible innovation
In our news yesterday, with this decree, the US Federal Reserve was able to issue digital money. since it will be authorized we talked about. It was as expected. In the decree signed by Joe Biden, the US Federal Reserve was instructed to carry out work on the subject. In the statements, “The decree prompts the U.S. government to investigate the infrastructure and technological needs needed to issue a CBDC. directs. In doing so, it should also be considered whether issuing a CBDC is in the interest of the US public.” statements were given. In addition, the Ministry of Treasury and Finance and the Securities and Exchange Commission will evaluate the advantages and risks related to the use of cryptocurrencies.
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US decree for global cryptocurrency markets it was important. In fact, the information that emerged earlier was that the USA would not turn its back on cryptocurrencies. However, there was also the case that such a thing did not happen. Especially Russia-Ukraine war It was discussed that cryptocurrencies should be banned or put under strict control. In the US decree, such a situation did not occur.
Source :
https://uzmancoin.com/abdde-kripto-para-kararnamesi-resmen-aciklandi-biden-imzaladi/