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The US Government vs Crypto.. It’s a battle that’s been brewing for years and it feels impossible to put your finger on whether the government loves or hates digital currencies.

Are they looking to control everything? Will they make Bitcoin illegal? What about a digital dollar? A Biden memecoin?

As confusing as it is we have some major news that came out and I wanted to really take my time to figure out what this means for us and our wallets. Back in March, President Biden issued an executive order on the responsible development of digital assets.

This was essentially the green light for government agencies to start digging into the risks and opportunities of digital assets. Most people cautiously welcomed the idea of bringing this industry under control.

But With a new earth shattering crypto heist every month regulation could definitely help attract more investors. It could be great, however if they regulate too hard the technology could be crushed as well.

Crypto Laws
Crypto Regulation
The SEC
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    • 1
    Francisco Gimeno - BC Analyst In the middle of the global confusion we can miss that the US government published an executive order the responsible development of digital areas, making the crypto safer and more secure by regulating, allowing for development. This seems a good beginning, but we all are waiting for SEC and other regulatory agencies put this in real regulations. When a new tech happens someone wants to fix it, for better or for worse, and SEC is not famous precisely to do the fixing for better. And there is a lot of talks about CBDCs around the world. We can't see the future, but we have to push for regulations which allow the expansion of crypto usage and at the same time make it safer and leave space for development and creation of new ideas and use cases. What is going to happen? We will see.