Biden to sign executive order on cryptocurrencies this week - source


A representations of cryptocurrency Bitcoin placed on U.S. dollars in this illustration taken January 24 2022. REUTERSDado RuvicIllustration

A representations of cryptocurrency Bitcoin placed on U.S. dollars in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/Illustration

WASHINGTON (Reuters) - U.S. President Joe Biden is expected to sign a long-awaited executive order this week on cryptocurrencies, possibly on Wednesday, a source familiar with the matter said on Monday.

The White House last year said it was considering a wide ranging oversight of the cryptocurrency market to combat the growing threat of ransomware and other cyber crime.

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