Joe Biden’s White House is expected to issue an executive order in the coming weeks about actions the United States government will take regarding digital assets.
A source “familiar with the White House’s plan” told Barron’s that the executive order would be issued in a national security memorandum.
Biden’s memorandum would assign some government entities to study crypto, stablecoins and nonfungible tokens with the goal of developing a workable regulatory framework.
The source was quoted as saying:
“This is designed to look holistically at digital assets and develop a set of policies that give coherency to what the government is trying to do in this space.”
