U.S. PRESIDENT BIDEN EXECUTIVE ACTION REGARDING BITCOIN, OTHER CRYPTOCURRENCIES AND NTFS
Currently, there is no comprehensive legal framework for digital assets or regulation of cryptocurrency exchanges.
The executive order, expected as early as this month, will call for federal agencies to regulate cryptocurrencies, digital assets and bitcoin as a matter of national security.
Regulatory agencies, such as the Securities and Exchange Commission, the Commodity Futures Trading Commission, Internal Revenue Service, and Finance Industry Regulatory Authority, will likely coordinate their investigations.