The White House calls for more regulations as cryptocurrencies grow more popular. Biden administration: “Digital assets pose meaningful risks for consumers, investors, and businesses” Bitcoin’s value is about a third of what it was last November. In June, two senators introduced a proposal to create a regulatory framework for digital assets. Congress is looking at new regulations, but the White House has urged Congress to give more concrete guidance to regulate the virtual currency market in the U.S. The reports out on Friday stem from an executive order that Biden signed in March.Read Long Article
