Back in the 2000s, millions used LimeWire to download bootlegged songs, TV shows and movies for free 😬 Now, 12 years after it was shut down by a U.S. court, it's making a comeback as an NFT marketplace 👀
As previously reported, the executive order tasks multiple government departments to work together in setting out their recommendations for how digital assets should be regulated. They are also being asked to determine whether a digital dollar should be created.
In a nod to the sizable number of Americans who are unbanked or underbanked, the executive order also aims to promote "equitable access to safe and affordable financial services" — describing this as in the national interest. Meanwhile, the executive order aims to "support technical advances and ensure responsible development and use of digital assets," with privacy, security, combating illicit exploitation and reducing negative climate impacts the top priorities here.
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