White House to issue new strategy on handling cryptocurrency

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BANG Showbiz English

The White House is to issue a new strategy on dealing with cryptocurrency. President Joe Biden – who described the pending executive order as “the first ever, whole-of-government” approach” to dealing with untraceable digital currencies such as Bitcoin – said that the order will have an impact on “national security” after the digital dollar has seen “explosive growth” in recent years. A statement issued by The White House read: “Digital assets, including cryptocurrencies, have seen explosive growth in recent years, surpassing a $3 trillion market cap last November and up from $14 billion just …

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