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Biden announced new crypto law

Biden announced new crypto law

US President Joe Biden has announced that soon will be published a law on crypto assets this week. This new solution will help authorities from various sectors to begin developing a plan for regulating digital assets. The news about this law appeared back in January. In addition, FSOC will discuss the stability of the financial system with respect to digital assets and will provide a report that will be available later. As stated by the International Monetary Fund, cryptography may soon begin to pose a risk to the established financial system.

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