Tuesday January 25, 2022 – The Biden Administration is causing a stir with a recent announcement there is an executive order under development that will “address the economic, regulatory, and national security challenges posed by cryptocurrencies.”
The Executive Order will “assign specific roles to a broad spectrum of federal departments and agencies in developing a comprehensive U.S. digital asset strategy.” Including looking into establishing a Central Bank Digital Currency (CBDC).
The talk of creating a CBDC vs a Stablecoin. The need to move quickly is emphasized by some. But the surest way to slow the process down is to assign the task to a “broad spectrum of federal departments and agencies.”
Attorney Steven A. Leahy will report the latest on this week’s edition of Crypto Tuesday.
Steven A. Leahy is a tax attorney in Illinois. He was the host of the long-running popular Radio Show “The IRS Radio Hour” heard every Sunday evening on AM 560 The Answer. Attorney Leahy is also the author of the book “Deal With Your IRS Problems Today!” You can get a FREE copy of this important book at FreeIRSBook.com. Or Call 24/7 (312)664-6649