News Formal

Biden’s crypto order lauded as step forward for the industry

  • 📰 trtworld
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Delivery of the new policy agenda removes an element of regulatory uncertainty and has many in the crypto industry optimistic moving forward

However, the relatively light-touch approach of Biden’s directive was met with widespread relief from those in the industry.Kristin Smith, executive director of the Blockchain Association, a Washington DC-based crypto industry group.

The effort to establish clarity on the regulatory framework “will definitely bring more confidence to investors and welcome more Americans into the crypto ecosystem,”Thomas Hook, Bitstamp’s US chief compliance officer. “While crypto markets may continue to be volatile, today’s news shows that recognition from the Biden administration is encouraging to the market.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 101. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Regulators and industry leaders react to Biden‘s executive order on cryptoMany compared the executive order to a regulatory opportunity, given President Biden had rarely if ever spoken directly about crypto and blockchain during his presidency. Dear Joe, Smile is always on my lips but my life has never been so good
Source: Cointelegraph - 🏆 562. / 51 Read more »