President Joe Biden raised the hopes of the U.S. crypto industry by signing an executive order that directed federal entities to comprehensively regulate the industry. That’s why Carole House, a former White House adviser and one of the order’s chief authors, is one of CoinDesk’s Most Influential 2022.
After six months, the federal government’s review of the crypto world hasn’t yet offered a road map for oversight, though it hinted at a federal regulatory structure and emphasized that a central bank digital currency may have serious support.
With bitcoin dipping below $39,000 as bearish macroeconomic factors continue to overshadow bullish blockchain metrics, CoinDesk’s Markets Daily is back with the latest news roundup.