Biden Admin Roadmap Cryptocurrency Dangers – Bitcoin Journal

The Biden Administration has posted an official weblog detailing its roadmap to mitigate the dangers of cryptocurrencies.

The roadmap begins by citing the 2022 implosion of LUNA/Terra and the next catastrophic contagion inside the trade that led to numerous bankruptcies. Included on this reference is the chapter of FTX, saying that, “Many on a regular basis traders who trusted cryptocurrency corporations—together with younger folks and other people of shade—suffered severe losses, however, fortunately, turmoil within the cryptocurrency markets has had little unfavorable affect on the broader monetary system to this point.”

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