As President Biden rolls out a blueprint for future regulations
The Digital Asset Coordinators Network's launch is part of a wider effort by the US government to regulate the cryptocurrency industry.in March promising to roll out policies and rally agencies to better protect folks and businesses from the risks of digital assets, keep the country's economy stable and secure, and prevent illicit financial crimes.of a framework developed over six months by government officials as a result of that order.
At this stage, it's all planning, research, and brain storming. Hard policies and rules and regulations will be developed over time as the federal government converges on a plan for cryptocurrencies, seemingly to mitigate the downsides and tackling crime without going as far as banning it or the like. The tokens can be used for legit purposes, after all.
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