Inside Biden’s Crypto Executive Order

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Inside Biden's Crypto Executive Order By Ian Wyatt Sunday, January 30, 2022 Urgent February Crypto Buy Alert: Get NAME & TICKER: Next generation alt coins are taking off – with gains of 5,146%... 7,933%... and even 12,254%! Yet you won't get these types of profits with Bitcoin or Ethereum. Go here to discover the next Bitcoin – before it soars. The White House is preparing to issue an Executive Order… The Regulation of Cryptocurrencies. The move could be an important step toward legitimizing the booming growth sector. Click here for my #1 Crypto Moonshot to BUY in February. The new Executive Order would ask federal agencies to regulate digital currencies including Bitcoin, altcoins, stablecoins, and NFTs. "This is designed to look holistically at digital assets and develop a set of policies that give coherency to what the government is trying to do," explained a White House staffer. Agencies such as the State Department and Treasury Department would have 3 – 6 months to develop recommendations. Additionally, President Biden is calling on Congress to pass legislation related to crypto. Regulation Could Be Good for Crypto in America Typically, I'm not a fan of government regulation. However, this appears to be one of the few situations where regulation could be positive…. IF the right regulation will take a light hand. The right regulation should provide a framework for companies to operate legally in the U.S. And it should NOT disrupt the innovation that's helped create a new +$1.6 trillion asset class. Cryptocurrency is still a relatively new thing. Bitcoin was invented in 2009. And it's sparked a wave of altcoins and innovations using blockchain technology. 13-years later there is little regulation or laws related to digital assets in the U.S. Cryptocurrency exchanges are regulated. And the S.E.C. and Commodity Futures Trading Commission oversees some aspects of the market. However, many issues remain uncertain and unclear. The entire crypto and digital asset industry would greatly benefit from clear rules of the road. Here's why…   This would help weed out shady operators. Regulation will make it more difficult for scammers to exist. It would require that companies in the sector meet certain requirements. It means that the U.S. government does NOT plan to ban crypto, Bitcoin mining or any other digital assets. This eliminates the risk that the U.S. will follow in the footsteps of China and Russia in banning crypto trading or mining. This bolsters the position of existing industry leaders such as Coinbase or FTX. These types of companies are worth billions and want to operate legally and within a regulated environment. It would pave the way for crypto and blockchain to enter the mainstream. This includes the creation of a real Bitcoin ETF – and ETFs or mutual funds holding other digital assets. And this would allow millions of Americans to have exposure to these assets through conventional investment and retirement accounts. It would provide a stamp of approval on the industry. It means that the industry is large enough and important enough to deserve the government's attention. Regulation will legitimize cryptocurrencies as an asset class. I'm hopeful that the right type of regulation could bolster the entire sector. That could result in millions of people adding investment exposure to the sector. And that in turn could create a flood of buying activity for popular crypto assets such as Bitcoin, Ethereum and hundreds of other legitimate altcoins. Smart investors are getting positioned in the best new cryptos right now. Of course, you could simply BUY Bitcoin and Ethereum… Or you can jump into the next generation cryptos that are powering the blockchain, DeFi, NFTs and the Metaverse. These are known as Crypto Moonshots… And they're already seeing gains of 5,146%... 7,933%... and even 12,254% in just 1-year! Want to find the NEXT Crypto Moonshot – before it makes a huge move? Simply click here to discover my #1 to BUY NOW – get the NAME and TICKER Yours in Wealth, Ian Wyatt Visit DailyProfit.com

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