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As the most reliable and balanced news aggregation service on the internet, DML News App offers the following information published by APNEWS.COM:

WASHINGTON (AP) — President Joe Biden on Wednesday signed an executive order on government oversight of cryptocurrency that urges the Federal Reserve to explore whether the central bank should jump in and create its own digital currency.

The Biden administration views the explosive popularity of cryptocurrency as an opportunity to examine the risks and benefits of digital assets, said a senior administration official who previewed the order Tuesday on the condition of anonymity, terms set by the White House.

The article goes on to state the following:

Under the executive order, Biden also has directed the Treasury Department and other federal agencies to study the impact of cryptocurrency on financial stability and national security.


To get more information about this article, please visit APNEWS.COM.

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19 COMMENTS

  1. They want to get in so as the current administration kills the dollar they can kill crypto as well. Driving our economy even farther into the ground. We are watching the Marxist take over of America. We need to take our beloved country back before it’s gone.

  2. Government wants complete control. Government does not want the freedom that cryptocurrency provides. The DD (digital dollar) has already been in the works for a few years. These exploratory orders are just for show.
    The government will roll out the CBDC, make all other currency illegal, and then control every minute detail of American life.
    Fight this with all that you are, as if your family’s safety depends on it. Because it does.

  3. Why do you need executive order to look at crypto?? This has been the plan all along, to undermine the dollar and drag the USA into the crapper. Biden regime needs to be stopped before we are china

  4. If they digitize your money, they own you. They know exactly how much you have, what your buying, etc…. This is about controlling the masses. Wake up people. AI will be in charge and there will be little need for humans

  5. WE DONT WANT IT !!!!
    NO TO DIGITAL MONEY that can be controlled, hacked into, access DENIED to money if & when government wishes, Cyberattacked??
    Doesn’t CONGRESS have to approve anything like this? Is a president allowed to initiate such drastic changes with no oversight? If President Trump sneezed wrong criminal democrats told him IMPEACHMENT PROCEEDINGS were coming?? But a Democrat WH FRAUD can RULE BY DESTRUCTIVE EXECUTIVE ORDERS with no OPPOSITION?? OUTRAGEOUS!!

  6. Let’s be honest. Biden has no idea what cryptocurrency is. He’s the village idiot that is the puppet for oligarchs in our own country. He doesn’t even know the word. We’re lucky want to make him finish a sentence. Lucky is not the word. We’re surprised when he finishes a sentence.

  7. Outside of government control, cryptocurrency is a boon to freedom and independence. Inside government control, it becomes what is probably the final brick sealing us in to our doom. Our phenomenally rapid transition to digital serfdom will then be complete.

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