Joe Biden could be working on an executive order to control crypto industry

Biden wants to regulate everything, and it seems that cryptocurrencies are directly in his crosshairs. Apparently, the president of the United States is seriously considering issuing an executive order on cryptocurrencies to get better clarity of the landscape and exercise better control over the industry and the activities related to it.

The news, which was initially reported by Bloomberg citing anonymous but familiar sources, comes as no surprise to many ecosystem experts who were already expecting some move considering previous pronouncements by several members of Biden’s executive cabinet.

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