Joe Biden is expected to sign an executive order on regulating cryptocurrency this week according to a report by Bloomberg based on anonymous sources.
JUST IN: Biden executive order on crypto is “expected to be signed by the president this week.” – White House reporter at Bloomberg
— Bitcoin Magazine (@BitcoinMagazine) March 7, 2022
According to the report, “The order will direct federal agencies to examine potential regulatory changes, as well as the national security and economic impact of digital assets.”
The executive order will reportedly help coordinate the role of agencies such as the Securities and Exchange Commission and Commodity Futures Trading Commission on cryptocurrency. Industry actors have long complained that guidance from the SEC and other agencies has been unhelpful as they seek to be compliant with U.S. law.
The order has been around the proverbial corner for some time. Bloomberg initially projected back in January that it might get signed in February, while Yahoo Finance reported in mid-February that President Biden was “expected to issue an executive order next week.” That clearly didn’t happen.
Russia’s war on Ukraine has made the issue more pressing, as sanctions, central banking and cryptocurrency financing have been in the public consciousness. Instead of using military force, the United States and its allies have been fighting Russia with what the Financial Times has termed “financial warfare.”
Have you received Salvation from Jesus the Messiah? Time is running out. Jesus will return very soon. The signs of His return are everywhere in this crazy world we are living in. Please read below so that you can be saved. Jesus is the only way to Heaven. The Words below are directly from the Bible, so you can trust them.
For I delivered to you first of all that which I also received: that Christ died for our sins according to the Scriptures, and that He was buried, and that He rose again the third day according to the Scriptures. (1 Corinthians 15:3-4)
Jesus said to him, “I am the way, the truth, and the life. No one comes to the Father except through Me. (John 14:6)
For God so loved the world that He gave His only begotten Son, that whoever believes in Him should not perish but have everlasting life. For God did not send His Son into the world to condemn the world, but that the world through Him might be saved. (John 3:16-17)
If you confess with your mouth the Lord Jesus and believe in your heart that God has raised Him from the dead, you will be saved. For with the heart one believes unto righteousness, and with the mouth confession is made unto salvation. For the Scripture says, “Whoever believes on Him will not be put to shame.” For there is no distinction between Jew and Greek, for the same Lord over all )is rich to all who call upon Him. For “whoever calls on the name of the Lord shall be saved.” (Romans 10:9-13)
“As the Father loved Me, I also have loved you; abide in My love. IF YOU KEEP MY COMMANDMENTS, you will abide in My love, just as I have kept My Father’s commandments and abide in His love. (John 15:9)
For I am persuaded that neither death nor life, nor angels nor principalities nor powers, nor things present nor things to come, nor height nor depth, nor any other created thing, shall be able to separate us from the love of God which is in Christ Jesus our Lord. (Romans 8:38-39)
For those of us who persevere and do what Jesus says to do, we have this to look forward to in eternity: And God will wipe away every tear from their eyes; there shall be no more death, nor sorrow, nor crying. There shall be no more pain, for the former things have passed away.”
The Bible – New King James Version, NKJV