April 25, 2024

The President of the United States drew attention to cryptocurrencies

The President of the United States drew attention to cryptocurrencies

Joe Biden said that he and his administration are currently working on creating a new document, inwhich touches on the topic of digital currencies.

The head of state noted that this class of assets is an electronic equivalent of cash and it is necessary to make this market completely transparent.

According to the president, it is extremely important to exclude the possibility of using cryptocurrencies for fraudulent and other criminal purposes. 

In addition, he instructed the government to study the impact of mining activities on the climate and take into account the amount of energy consumption.

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