SEXY211 Posted January 23, 2022 #1 Posted January 23, 2022 FEDS move to regulate Crypto!! The Fed is attempting to be “politically savvy” as it weighs a digital dollar, says Salman Banaei, head of public policy in North America for crypto data firm Chainalysis. If the Fed had taken a clear stance on the matter, “they would have gotten a lot of political pushback,” says Banaei. Hours after the report’s release, and amid the stock market’s worst week in nearly two years, Bitcoin and Ethereum saw significant drops. The prices of Bitcoin and Ethereum haven’t been this low since July. “There are two leading factors influencing the demand for crypto now: its value as an inflation hedge and its value as a risk asset,” says Banaei. “The perceived likelihood of a crypto future rises or falls based on regulatory risk too.”
e_abrams Posted January 27, 2022 #2 Posted January 27, 2022 The Biden administration is preparing an executive order as part of their effort to regulate cryptocurrencies: https://theforexreview.com/2022/01/26/white-house-to-release-crypto-related-executive-order/ However, its details are still unclear, seniour government officials are still discussing it. We'll all know more in the coming weeks, hopefully.
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