Bloomberg cited unnamed sources who indicated that the White House will issue an executive order detailing a government-wide strategy regarding policy on cryptocurrencies and digital financial assets as early as February. Part of this strategy is reported to be a delegation to federal agencies for identifying risks and opportunities related to digital assets. The executive order is reportedly concerned with economic, regularity, and national security challenges that involve cryptocurrencies and would require agencies to submit appropriate reports in Q3 or Q4 of 2022. Part of the executive order would concern evaluating the possibility of a Central Bank Digital Currency (CBDC) issued by the United States. Bloomberg sources indicated that no final decision will be made ahead of the Federal Reserve’s study, which has opened a public comment period until May 20.
By Akshay Rohatgi and Randy Pargman About this Student Research Project Binary Defense’s mission is