Publication of a special road map for the regulation of digital currencies in the United States
According to Adonis Network's news, The White House released a statement offering the administration of US President Joe Biden a roadmap to reduce the risks associated with digital currencies. The administration's legislative guidelines have proposed much of this document to the US Congress. The authors of the statement charted a two-pronged path. They wrote:
We have spent the past year identifying the risks of digital currencies and taking action to mitigate them using the powers available to the executive branch. Second, executive bodies are increasingly enforcing and issuing new directives. Increasing the powers of the legislators, strengthening the requirements related to the disclosure of information, intensifying the penalties, increasing the budget for law enforcement, and following the recommendations of the US Financial Stability Oversight Council are also among the recommendations in this roadmap.
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