Biden Crypto Exec Order: U.S. Must Mitigate ‘National Security’ Risks of Digital Assets
BreitbartSEP 2021
Biden Issues Executive Order on Cryptocurrency
Image copyright: Chip Somodevilla/Getty Images [via Business Insider]
The Spin
Narrative A
The Biden administration is finally embarking on a thoughtful and constructive approach to the exciting new industry, one that will allow the US to remain at the forefront of innovation in the cryptocurrency space.
Narrative B
Biden is only analyzing benefits at this point. He must take a measured and cautious approach to these new financial technologies, which--in the absence of regulation--pose dangers to consumers and an existential threat to the stability of global financial markets.
Narrative C
Nine countries have already launched a CBDC and 16 others--including China--are in the development stage. The status of the USD as global reserve currency is at stake if the US doesn't hurry up and establish a digital dollar.
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© 2025 Improve the News Foundation.
All rights reserved.
Version 6.15.2