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 * Politics


BIDEN SET TO ANNOUNCE EXECUTIVE ORDER REVIEWING CRYPTOCURRENCY


FEDERAL AGENCIES TO STUDY THE CREATION OF U.S. DIGITAL CURRENCY AND THE RISKS OF
DIGITAL ASSETS

‘Cattle, Cowboys and Crypto’: Wyoming Real Estate Opens to Crypto Investors
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‘Cattle, Cowboys and Crypto’: Wyoming Real Estate Opens to Crypto InvestorsPlay
video: ‘Cattle, Cowboys and Crypto’: Wyoming Real Estate Opens to Crypto
Investors

A group of about 6,000 crypto investors known as CityDAO bought 40 acres of land
in Wyoming. WSJ’s Paul Vigna explains how this decentralized autonomous
organization, or DAO, came to own this land. Photo illustration: Josephine Chu
By Andrew Duehren
March 7, 2022 9:37 pm ET

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WASHINGTON—The White House is set to release an executive order this week
tasking several federal agencies with conducting a broad review of
cryptocurrencies, including studying the creation of a U.S. digital currency,
according to a person familiar with the matter.

The executive order, which the White House is expected to reveal in the coming
days, will task the Treasury, Commerce, State and Justice departments, among
other agencies, with studying elements of the fast-growing cryptocurrency
market, the person said. The agencies will have roughly three or six months to
conduct a review and prepare a public report with recommendations for the
federal government’s approach to digital tokens.

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