Biden Administration To Regulate Bitcoin As A Matter Of National Security

1. “Because digital assets don’t stay in one country, it’s necessary to work with other countries on synchronization.” The regulatory efforts would reportedly involve the State Department, Treasury Department, National Economic Council, and Council of Economic Advisers, as well as the White House National Security Council as the administration gauges that cryptocurrencies have “economic implications for national security,” per the Barron’s report.
2. The order is set to come under the umbrella of national security efforts as the administration seeks to analyze cryptocurrencies and employ a cohesive regulatory framework that would cover Bitcoin, cryptocurrencies, stablecoins, and NFTs, Barron’s reported Thursday.

 

https://bitcoinmagazine.com/markets/biden-administration-to-regulate-bitcoin-as-a-matter-of-national-security-report