Monday , December 23 2024
Home / Bitcoin (BTC) / Why the 9th of March could be crucial for bitcoin

Why the 9th of March could be crucial for bitcoin

Summary:
Bitcoin Price Chart The US President Joe Biden is very busy. Besides plenty of geo-political matters and internal economic wrangling, his team seems to be preparing an executive order on cryptocurrency policy. This new executive order could be signed as early as Wednesday, 9 March. This order would amount to assigning one regulatory authority to oversee the crypto market. It is now clear that the whole world, including the US, wants more regulation and oversight of the local crypto sector. The other two alternatives are a ban or no regulation at all. Since no regulation at all is not a reality anymore, most crypto companies have resigned themselves to more regulation. Anything is better than a ban.

Topics:
Bitcoin Schweiz News considers the following as important: ,

This could be interesting, too:

Bitcoin Schweiz News writes Schweiz Verpasst Bitcoin-Anschluss: Von Platz 2 auf Platz 11

Bilal Hassan writes Saylor Proposes US to Sell Gold and Invest in Bitcoin

Bitcoin Schweiz News writes Bitcoin 500’000? Kommt jetzt der globale Run?

Bitcoin Schweiz News writes Black Friday und Cyber Monday: Die Geschichte hinter den größten Shopping-Events der Welt

The US President Joe Biden is very busy. Besides plenty of geo-political matters and internal economic wrangling, his team seems to be preparing an executive order on cryptocurrency policy.

This new executive order could be signed as early as Wednesday, 9 March. This order would amount to assigning one regulatory authority to oversee the crypto market.

It is now clear that the whole world, including the US, wants more regulation and oversight of the local crypto sector. The other two alternatives are a ban or no regulation at all. Since no regulation at all is not a reality anymore, most crypto companies have resigned themselves to more regulation. Anything is better than a ban.

Leave a Reply

Your email address will not be published. Required fields are marked *