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February 19, 2022

Biden’s New Executive Order Regarding the Future of Payment Systems

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Biden’s New Executive Order Regarding the Future of Payment Systems

President Biden is expected to issue an Executive Order next week instructing several federal agencies to produce a report about “the future of money and payment systems.” The report will address the possibility of a Central Bank Digital Currency (CBDC) built on a proprietary government blockchain and contemplate how cryptocurrencies will impact domestic and global economic stability. (Yahoo Finance)

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