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08.03.2022 / 20:01

Biden to sign executive order on cryptocurrency this week

Novelty Bitcoin, Ethereum and Dodgecoin tokens arranged at a cryptocurrency exchange in Hong Kong, China. (Paul Yeung/Bloomberg via Getty Images) WASHINGTON - President Joe Biden is expected to sign an executive order on cryptocurrency this week that will mark the first step toward regulating how digital currency is traded.The move comes as administration officials have raised concerns in recent weeks about Russia’s use of cryptocurrency to evade the impact of crushing sanctions in response to its invasion of Ukraine.

Joe Biden China Usa Hong Kong Washington Russia Ukraine president Department Digital

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