After a tumultuous week for Bitcoin and other cryptos, officials of the Biden administration are beginning to look into risks posed by cryptocurrency, such as whether or not it can be used to fund illegal activity. Administration officials are discussing the possibility of putting guard rails on crypto while still allowing investors to “doge to their heart’s content”. The officials involved in the interview request anonymity, and so would I if anyone heard me unironically saying “doge to their heart’s content”.
This is a companion discussion topic for the original entry at https://bitcompare.net/blog/market-fluctuations-cause-biden-administration-to-examine-gaps-in-crypto-rules