Four senior White House officials posted a blog yesterday, criticizing Congress for failing to enact cryptocurrency regulations. However, crypto regulations have not been the priority of President Joe Biden. Four senior White House officials posted a blog on 27 January, criticizing Congress for failing to enact cryptocurrency regulations. They asked lawmakers to expedite their efforts […]
Four senior White House officials posted a blog yesterday, criticizing Congress for failing to enact cryptocurrency regulations.Four senior White House officials posted a blog on, criticizing Congress for failing to enact cryptocurrency regulations. They asked lawmakers to expedite their efforts to develop a crypto regulatory framework.
The post highlighted several actions that Congress could take right away to ostensibly improve consumer protection standards in the crypto space, including: The note apparently refers to the House Republican leadership’s recent announcement of the new Subcommittee on Digital Assets, Financial Technology and Inclusion.However, crypto regulations have not been the priority of President Joe Biden either during the two-year period from early 2021 to some time ago when Democrats controlled the presidency, the House, and the Senate.
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