Analysis

Biden's Crypto Plan Snubs States In Coordination Push

By Jon Hill (April 1, 2022, 11:25 AM EDT) -- The White House's "whole of government" plan to get a regulatory handle on digital assets includes everyone from the Federal Reserve to the U.S. Environmental Protection Agency, spanning about two dozen other agencies, offices and councils in between. Left off this list are the states — and some observers see that as a bad sign.

Issued in early March, President Joe Biden's executive order on cryptocurrency aims to lay the groundwork for a comprehensive national digital asset strategy, commissioning a series of reports on big-picture issues like the "future of money" and blockchain technology's environmental impact while also setting up a...

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