Baller Alert
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
Baller Alert
No Result
View All Result

Joe Biden Set To Announce Executive Order On Cryptocurrency; New Bank For Digital Currency May Be Created

by RaquelHarris
March 8, 2022
Reading Time: 1 min read
0
U.S. Secret Service Seizes More Than $2 Million In Crypto Assets During Investigation

istockphoto

Share on FacebookShare on Twitter

President Joe Biden is reportedly going to issue an executive order on cryptocurrency, which will be a jump-off point for regulating how digital currency is bought, sold and traded.

Ever since the emergence of bitcoin, litecoin and other forms of cryptocurrency, managing it as a source of currency in the traditional marketplace has raised some issues. Most recently, Biden announced a team that would be in charge of prosecuting digital currency crimes, and now, he’s placing down another layer for regulating crypto by issuing an executive order that outlines policies government agencies like the Treasury Department will do to control it.

The New York Post reports, the move comes after concerns regarding Russia reportedly using cryptocurrency to get around the impact of sanctions placed against it in response to its invasion of Ukraine.

The news outlet reports that the executive order will include a request for the State Department to make sure American cryptocurrency laws go along with those of U.S. allies. The executive order also highlights that a new central bank for digital currency may be created.

“We will continue to look at how the sanctions work and evaluate whether or not there are liquid leakages and we have the possibility to address them. I often hear cryptocurrency mentioned and that is a channel to be watched,” Treasury Secretary Janet Yellen said last week, The New York Post reports.

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to share on X (Opens in new window) X
  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on Pinterest (Opens in new window) Pinterest

Like this:

Like Loading...

Discover more from Baller Alert

Subscribe to get the latest posts sent to your email.

Related Posts

Minnesota Lawmakers Targeted in Deadly Attack: Rep. Melissa Hortman Killed, Sen. John Hoffman Injured
News

Minnesota Lawmakers Targeted in Deadly Attack: Rep. Melissa Hortman Killed, Sen. John Hoffman Injured

June 14, 2025

In a shocking early morning tragedy, Minnesota Rep. Melissa Hortman and her husband Mark were fatally shot, while Sen. John...

FIFA Club World Cup Lands in Miami—But ICE Will Be in the Stands Too
News

FIFA Club World Cup Lands in Miami—But ICE Will Be in the Stands Too

June 14, 2025

As the FIFA Club World Cup kicks off in Miami Gardens, there’s an unexpected presence looming off the field—U.S. immigration...

Why Is the Military Trying to Erase Medgar Evers’ Name From a Navy Ship?
News

Why Is the Military Trying to Erase Medgar Evers’ Name From a Navy Ship?

June 14, 2025

Over a decade ago, the U.S. Navy honored civil rights icon Medgar Wiley Evers by naming a supply ship after...

Only Survivor of Air India Crash Speaks Out From Hospital Bed
News

“He Thought He Was Going to Die”—Only Survivor of Air India Crash Speaks Out From Hospital Bed [Video]

June 13, 2025

Tragedy struck the skies above Ahmedabad when an Air India flight went down shortly after takeoff. Wreckage lit up the...

Next Post
Hidng Money

Inflation Is Reportedly Causing 'Shrinkflation'; Consumers Are Paying Regular Prices For Less Product

Leave a ReplyCancel reply

Baller News

Subscribe To Our Newsletter

* indicates required

Follow Us

Subscribe to Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

© Copyright 2024, Baller Alert Inc. All Rights Reserved

No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
%d