Biden White House just put out a framework on regulating crypto — here’s what’s in it

Posted on AllSides September 16th, 2022
From The Center
Tom Brenner | Reuters

The Biden White House has just released its first-ever framework on what crypto regulation in the U.S. should look like — including ways in which the financial services industry should evolve to make borderless transactions easier, and how to crack down on fraud in the digital asset space.

The new directives tap the muscle of existing regulators such as the Securities and Exchange Commission and the Commodity Futures Trading Commission, but nobody’s mandating anything yet. The long-awaited direction from Washington has, however, captured the attention of both the crypto industry...

Read full story
Some content from this outlet may be limited or behind a paywall.

CNBC

AllSides Media Bias Rating: Center
AllSides Media Bias Rating: Center
108177/84908
See full bias rating for CNBC
Learn about media bias
https://www.cnbc.com/2022/09/16/heres-whats-in-biden-framework-to-regulate-crypto.html

More News about Banking and Finance from the Left, Center and Right

From the Left

From the Center

From the Right