Biden’s Orders Leak, Americans Panic
Here’s what all was leaked.
President Biden’s Treasury Secretary Janet Yellen accidentally leaked a press release which has now been deleted which outlined President Biden’s upcoming executive order on cryptocurrency.
According to Benzinga, “Under the executive order, Treasury will partner with interagency colleagues to produce a report on the future of money and payment systems,” the statement said.
Furthermore, the U.S. Treasury would also work with the Financial Stability Oversight Council to “evaluate the potential financial stability risks” of digital assets.
Benzinga further explained, Biden’s executive order calls for a coordinated and comprehensive approach to digital asset policy, stated Yellen. The Secretary of the Treasury stated that this approach would support responsible innovation and could result in “substantial benefits for the nation, consumers and businesses.”