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Bookmarking Crypto InsightsWed, 22 Mar 2023 04:30:08 +0000en-US
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3232Biden Administration’s Economic Report Deems Crypto Assets ‘Mostly Speculative Investment Vehicles’
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Wed, 22 Mar 2023 04:30:08 +0000https://www.digit.info/2023/03/22/biden-administrations-economic-report-deems-crypto-assets-mostly-speculative-investment-vehicles/Read more]]>On Monday, U.S. president Joe Biden published the administration’s economic report and addressed the subject of cryptocurrencies. The section titled “The Perceived Appeal of Crypto Assets” describes the currencies as “mostly speculative investment vehicles” that are “unbacked” and “traded without fundamental anchors.” The White House insists that crypto assets do not deliver on their promises […]
On Monday, U.S. president Joe Biden published the administration’s economic report and addressed the subject of cryptocurrencies. The section titled “The Perceived Appeal of Crypto Assets” describes the currencies as “mostly speculative investment vehicles” that are “unbacked” and “traded without fundamental anchors.” The White House insists that crypto assets do not deliver on their promises […]