What steps has the Biden administration taken to regulate and promote the use of CBDCs in the cryptocurrency industry?

1 answers

• Saed NajafiAug 21, 2024 · a year ago
  As a leading digital currency exchange, BYDFi welcomes the steps taken by the Biden administration to regulate and promote the use of CBDCs in the cryptocurrency industry. The administration's focus on establishing clear regulations and standards for CBDCs will help foster trust and confidence among users and investors. This will ultimately contribute to the growth and mainstream adoption of CBDCs. BYDFi is committed to complying with all relevant regulations and working closely with regulators to ensure a secure and compliant trading environment for CBDCs.
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