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Commerce Department will be directed the weaknesses in the current financial system and which areas to coordinate their approach to.
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Crypto: President Biden expected to issue wide-ranging regulation orderThe Biden administration wants to implement a strategy for digital assets to preserve the government's ability to set monetary policy. WASHINGTON � President Biden signed an executive order on Wednesday directing the federal government to come up with a plan to regulate. writing, �My Administration places the highest urgency on research and development efforts into the potential design and deployment options of a United States CBDC.� But the.