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Biden’s Pending Crypto Order Met With Indecisive Price Movement -Breaking

by Mike Robinson

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Biden’s Pending Crypto Order Met With Indecisive Price Movement
  • The cryptocurrency market remains flat in anticipation of Biden’s pending executive order.
  • Below 3% are the 24 hour price movements for top 10 cryptocurrency coins.
  • The effects of Russia-Ukraine’s crisis on the cryptocurrency market are still being felt by the crypto-market.

The cryptocurrency market remains relatively flat in anticipation of US President Joe Biden’s pending executive order.

This week, President Biden will sign an executive order that will be the first step in regulating the trading of digital currency in the US.

This move by the president comes after raised concerns by administration officials regarding Russia’s use of cryptocurrency to evade the impact of crushing sanctions following its Ukraine invasion.

Two anonymous sources close to the matter claim that the executive order will be released this week. It was in preparation long before Russia’s war with Ukraine.

It is expected that the order will describe what…

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