FinTech news in biden category

The press release lays out seven major goals of the executive order with added detail: Protect U.S. Consumers, Investors, and Businesses Protect U.S. and Global Financial Stability and Mitigate Systemic Risk Mitigate the Illicit Finance and National Security Risks Posed by the Illicit Use of Digital Assets Promote U.S. Leadership in Technology and Economic Competitiveness to Reinforce U.S. Leadership in the Global Financial System Promote Equitable Access to Safe and Affordable Financial Services Support Technological Advances and Ensure Responsible Development and Use of Digital Assets Explore a U.S. Central Bank Digital Currency (CBDC) For those in the crypto sector concerned about aggressive government intervention, the order language seems to signal that the Biden White House is uninterested in sweeping near-term reforms and is instead merely focused on ensuring that agencies are on the same page in researching and observing the national security implications of the crypto industry.