Biden’s Pending Crypto Order Met With Indecisive Price Movement By CoinQuora
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Biden’s Pending Crypto Order Met With Indecisive Price Movement- The cryptocurrency market remains flat in anticipation of Biden’s pending executive order.
- The 24 hour price movements of the top 10 cryptocurrencies remain below 3%.
- The cryptocurrency market is still feeling the effects of the sell-off triggered by the Russia-Ukraine crisis.
The cryptocurrency market remains relatively flat in anticipation of US President Joe Biden’s pending executive order.
President Biden is expected to sign an executive order this week that will serve as the first step towards regulating how digital currencies are traded in the US.
This move by the president comes after raised concerns by administration officials regarding Russia’s use of cryptocurrency to evade the impact of crushing sanctions following its Ukraine invasion.
According to two anonymous sources familiar with the process, the executive order is expected to be issued this week and had been in the works long before the war between Russia and Ukraine.
The order is expected to describe wha …
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Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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Biden’s Pending Crypto Order Met With Indecisive Price Movement- The cryptocurrency market remains flat in anticipation of Biden’s pending executive order.
- The 24 hour price movements of the top 10 cryptocurrencies remain below 3%.
- The cryptocurrency market is still feeling the effects of the sell-off triggered by the Russia-Ukraine crisis.
The cryptocurrency market remains relatively flat in anticipation of US President Joe Biden’s pending executive order.
President Biden is expected to sign an executive order this week that will serve as the first step towards regulating how digital currencies are traded in the US.
This move by the president comes after raised concerns by administration officials regarding Russia’s use of cryptocurrency to evade the impact of crushing sanctions following its Ukraine invasion.
According to two anonymous sources familiar with the process, the executive order is expected to be issued this week and had been in the works long before the war between Russia and Ukraine.
The order is expected to describe wha …
Continue reading on CoinQuora
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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