ledgernoise.com
Daily Crypto News

Biden Administration Releases Roadmap To Mitigate Cryptocurrency Risks


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

The roadmap starts by citing the 2022 implosion of LUNA/Terra and the subsequent catastrophic contagion within the industry that led to various bankruptcies. Included in this reference is the bankruptcy of FTX, saying that, “Many everyday investors who trusted cryptocurrency companies—including young people and people of color—suffered serious losses, but, thankfully, turmoil in the cryptocurrency markets has had little negative impact on the broader financial system to date.”



Read More: Biden Administration Releases Roadmap To Mitigate Cryptocurrency Risks

Disclaimer:The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website’s content as such. NewsOfBitcoin.com does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.