Cryptocurrency Prices And News: President Biden Outlines Crypto Regulation Plan
Cryptocurrency News: Cryptocurrency prices are mixed Friday afternoon. But Bitcoin and Ethereum continue to slide, bringing a disappointing end to a big week for crypto. But there’s still plenty of news to ring in the weekend.
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The White House released an outline of its policy recommendations for regulating cryptocurrencies and digital assets Friday morning. President Biden is encouraging regulators to “aggressively pursue” investigations and enforcement against illegal actions in digital assets. He recommends agencies re-double monitoring efforts of consumer complaints and issue rules to address risk. The White House is also launching initiatives focused on consumer education, adopting instant