A Cornell professor says Biden's executive order could benefit the crypto industry. 'Ultimately what these sorts of regulations provide to the industry is legitimacy.' cryptocurrency bitcoin
on the regulation of cryptocurrencies Wednesday. The professor explained that the executive order basically “tasks various U.S. agencies and institutions” to come up with a “comprehensive plan for the regulation of a broad set of digital assets, including decentralized cryptocurrencies such as bitcoin, but in addition, stablecoins. It also explores the prospect of launching a digital version of the U.S. dollar.
Moreover, the professor detailed: “You have financial stability risk as well, including from stablecoins, which might seem like the safest of instruments but are beginning to essentially function like unregulated money market mutual funds.”
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Photos: First lady Jill Biden visits Tohono O'odham Nation to promote cancer initiativeFirst lady Jill Biden and Secretary of the U.S. Department of Health and Human Services, Xavier Becerra, visited the Tohono O'odham Nation on Tuesday as part of the Biden-Harris Administration’s Cancer Moonshot initiative. The goal is to cut the cancer…
Weiterlesen »
President Biden addresses burn pits and veterans' health care during trip to Fort Worth todayThe issue has been personal to the president since his late son, Beau, died. Biden suspects Beau's exposure to burn pits in Iraq contributed to his deadly cancer.
Weiterlesen »
Biden promises meeting with parents of Trevor Reed, Marine held in RussiaReed's family has said that Trevor is being mistreated, malnourished and exposed to illness inside of a Russian prison.
Weiterlesen »
Mark Larson on President Biden banning purchases of Russian oil, natural gas, coal -SAN DIEGO (KUSI) – President Joe Biden’s administration will be banning oil, natural gas, and coal imports from Russia to the U.S. in response to Russia’s invasion of Ukraine, which could lead to further spikes in gas prices, the president announced Tuesday. Mark Larson, KUSI Contributor and AM 760 Radio Host, joined KUSI’s Logan Byrnes on “Good Evening San Diego”...
Weiterlesen »
Biden again emphasizes help for veteransPresident Joe Biden on Tuesday traveled to Fort Worth, Texas, to advocate for veterans — an issue that hits close to home.
Weiterlesen »
Saudi Arabia and UAE leaders turn down calls with Biden: ReportAs President JoeBiden prepares to deploy a double-edged sword against Russia with an oil ban, leaders of the United States's Gulf allies are reportedly giving him the cold shoulder.
Weiterlesen »