The Treasury Department will also lead a group of government agencies that will consider a central bank digital currency, although the White House stopped short of endorsing a digital dollar. The collective government action, announced in a series of published reports, follow an executive order President Joe Biden signed earlier this year on “Ensuring Responsible Development of Digital Assets.
The BSA requires lenders to report suspicious transactions to the Treasury. Biden will also consider recommendations from agencies to create a federal framework to oversee non-bank payment providers. The Justice Department also said it was creating a Digital Asset Coordinator overseeing 150 federal prosecutors to investigate and prosecute digital asset crimes as part of its efforts “to combat the growing threat posed by the illicit use of digital assets.
POTUS breaking our immigration laws, overwhelming the country with illegals, costing the taxpayer over $100 Billion, WE must save Black American Jobs from this racist.
Regulation- A rule or directive made and maintained by an authority: This is a step towards a cashless society!
Translation, Biden and other establishment government types aren't getting their cut because they can't control and tax crypto enough.
I wish someone would ask Biden to define cryptocurrency.
I need advertising, would you do it?
Reminder - 401k in trash, stocks crashed, inflation soars, loan rates soaring, recession and you want to take advice from this PEDOPHILE?
Shrewdly planning to blame the coming economic downturn on cryptocurrency.