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tldr; US President Joe Biden signed an executive order (EO) on cryptocurrencies on March 9, 2022. The EO emphasizes consumer protection and calls for an “unprecedented focus of coordinated action” to mitigate illicit finance and national security risks posed by cryptocurrencies. It would be naïve to suggest the EO will lead to relaxed legal or regulatory scrutiny.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
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