Why the cryptocurrency community is celebrating Biden’s executive order
Illustration by James Bareham / The Verge The White House's plan for digital asset regulation is here, and though the order doesn't say much, cryptocurrency advocates are treating it as a win. Maybe that was inevitable, after a great deal of Twitter FUD (investor-speak for fear, uncertainty, doubt) about what the order would contain. The actual text, despite being a bit vague, is nonetheless a positive for the industry - not least because it gives everyone some time.
Its approach sidelines cryptocurrency's most dogged skeptics
There have been a few last-minute attempts to regulate cryptocurrency. There was, for instance, the time the Trump administration's Financial Crimes Enforcement Network attempted to push new proposed regulations over Christmas. (This was suspended.) There...