OUT OF MIND
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» Find Out if You’re Eligible for Part of the $90M Facebook Data Tracking Settlement
Biden to Sign Exec Order to Regulate Cryptocurrency EmptyToday at 10:03 am by PurpleSkyz

» The “Unvaccinated” Question (Revisited)
Biden to Sign Exec Order to Regulate Cryptocurrency EmptyToday at 8:48 am by PurpleSkyz

» These people are nuts: Reuters Links Deadly DC Lightning Strike To Global Warming
Biden to Sign Exec Order to Regulate Cryptocurrency EmptyToday at 8:44 am by PurpleSkyz

» Thousands of Jabbed Teenage Girls Are Developing Tics, Doctors Baffled
Biden to Sign Exec Order to Regulate Cryptocurrency EmptyToday at 8:34 am by PurpleSkyz

» EUDRA Stats thru July 30th 2022
Biden to Sign Exec Order to Regulate Cryptocurrency EmptyToday at 8:21 am by PurpleSkyz

» US Declares Monkeypox Public Health Emergency – Big Pharma Ready for Windfall Profits, Again
Biden to Sign Exec Order to Regulate Cryptocurrency EmptyToday at 7:56 am by PurpleSkyz

» Good Samaritans Fined, Threatened with Arrest for Pulling Government Litter Out of a River
Biden to Sign Exec Order to Regulate Cryptocurrency EmptyToday at 7:52 am by PurpleSkyz

» MRNA 'VACCINE' GENOCIDE 2021-2022: TESTIMONIES FROM THE VICTIMS AND MEDICAL STAFF
Biden to Sign Exec Order to Regulate Cryptocurrency EmptyWed Aug 03, 2022 10:17 am by PurpleSkyz

» Mysterious metallic orb containing a secret code inside falls on Veracruz, Mexico
Biden to Sign Exec Order to Regulate Cryptocurrency EmptyWed Aug 03, 2022 10:10 am by PurpleSkyz

» 10,000% Increase in Cancers Following COVID-19 Vaccines as Doctors and Scientists Worldwide Sound the Alarm
Biden to Sign Exec Order to Regulate Cryptocurrency EmptyWed Aug 03, 2022 9:55 am by PurpleSkyz

» Good People Doing Good Things – Dr. Sanduk Ruit & Dr. Geoffrey Tabin
Biden to Sign Exec Order to Regulate Cryptocurrency EmptyWed Aug 03, 2022 9:48 am by PurpleSkyz

» UK Government admits 19 million Brits remain Unvaccinated & 30 million Brits have refused the COVID Booster Jab
Biden to Sign Exec Order to Regulate Cryptocurrency EmptyWed Aug 03, 2022 9:38 am by PurpleSkyz

» New Details on Paul Pelosi Arrest Reveal He Allegedly Had More Than Just Alcohol in His System
Biden to Sign Exec Order to Regulate Cryptocurrency EmptyWed Aug 03, 2022 9:31 am by PurpleSkyz

» WORLD PREMIERE: These Little Ones
Biden to Sign Exec Order to Regulate Cryptocurrency EmptyWed Aug 03, 2022 8:49 am by PurpleSkyz

» China Summons US Ambassador Overnight, Says Washington “Must Pay The Price”
Biden to Sign Exec Order to Regulate Cryptocurrency EmptyWed Aug 03, 2022 1:14 am by PurpleSkyz

» Bright Green Meteors Seem to Be Raining Down on New Zealand, But Why?
Biden to Sign Exec Order to Regulate Cryptocurrency EmptyWed Aug 03, 2022 1:10 am by PurpleSkyz

»  Cosmic Buckyballs Could Be The Source of Mysterious Infrared Light
Biden to Sign Exec Order to Regulate Cryptocurrency EmptyWed Aug 03, 2022 1:07 am by PurpleSkyz

» Consciousness may persist after death, study suggests
Biden to Sign Exec Order to Regulate Cryptocurrency EmptyWed Aug 03, 2022 1:04 am by PurpleSkyz

» Connecticut’s Largest Solar Power Plant Completed
Biden to Sign Exec Order to Regulate Cryptocurrency EmptyWed Aug 03, 2022 12:53 am by PurpleSkyz

» Here’s Another ‘Great Reset’ Tool Designed to Wipe Out Good Food
Biden to Sign Exec Order to Regulate Cryptocurrency EmptyWed Aug 03, 2022 12:48 am by PurpleSkyz

» 130 Coast Guard Members Sue Federal Government Over Vaccine Mandates
Biden to Sign Exec Order to Regulate Cryptocurrency EmptyWed Aug 03, 2022 12:44 am by PurpleSkyz

» Scientists Stumped as Earth’s Rotation Speeds Up
Biden to Sign Exec Order to Regulate Cryptocurrency EmptyTue Aug 02, 2022 9:04 am by PurpleSkyz

You are not connected. Please login or register

OUT OF MIND » THE INSANITY OF REALITY » FINANCIAL COLLAPSE » Biden to Sign Exec Order to Regulate Cryptocurrency

Biden to Sign Exec Order to Regulate Cryptocurrency

Go down  Message [Page 1 of 1]

PurpleSkyz

PurpleSkyz
Admin

Biden to Sign Exec Order to Regulate Cryptocurrency

Date: March 9, 2022Author: Nwo Report

Biden to Sign Exec Order to Regulate Cryptocurrency Image-350


Source: Amber Crawford 
Biden will reportedly be signing an executive order later this week which will outline the government’s strategy for cryptocurrencies, marking the first step towards the regulation of digital currency. This initiative, which has been in the works since last year, has been expedited in order to ensure Russia doesn’t try to use crypto to circumvent sanctions levied by the U.S. and its allies.
Detailed information on this order has not been released yet, but is anticipated to inform government agencies on what steps they must take to develop regulations on digital currencies.  Federal agencies will also be required to report what they’re doing in terms of digital tokens later this year.
Bloomberg reports that the order “will direct federal agencies to examine potential regulatory changes, as well as the national security and economic impact of digital assets.”

Additionally, according to Decrypt,
“The executive order will reportedly help coordinate the role of agencies such as the Securities and Exchange Commission and Commodity Futures Trading Commission on cryptocurrency. Industry actors have long complained that guidance from the SEC and other agencies has been unhelpful as they seek to be compliant with U.S. law.”
Russia’s use of digital currency has raised significant concern that the country will use it to evade the recent sanctions which have crippled the ruble and closed the country’s stock market.
Last week, Treasury Secretary Janet Yellen discussed the possibility of cryptocurrency providing Russia a way of circumventing the sanctions placed on them. “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,” said Yellen. “I often hear cryptocurrency mentioned and that is a channel to be watched.”
In the past, action evasion via cryptocurrency has been experienced with Iran and Venezuela, which have helped inform the government’s efforts in this initiative.
The Acting Director of the Treasury’s Financial Crimes Enforcement Network (FinCEN), Him Das, issued a statement saying, “Although we have not seen widespread evasion of our sanctions using methods such as cryptocurrency, prompt reporting of suspicious activity contributes to our national security and our efforts to support Ukraine and its people.”
FinCEN issued an alert on Monday to financial institutions, advising them to be “vigilant against potential efforts to evade the expansive sanctions and other U.S.-imposed restrictions implemented in connection with the Russian Federation’s further invasion of Ukraine.”

https://nworeport.me/2022/03/09/biden-to-sign-exec-order-to-regulate-cryptocurrency/
Thanks to: https://nworeport.me



  

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum