The Executive Order came out, and it was actually fairly positive for Bitcoin and Crypto...

Well, that was unexpected.

Not only did the Executive Order not have bad news in it, in somewhat had good news in it.

Today Joe Biden signed an Executive Order outlining their strategy for regulating bitcoin and crypto moving forward.

Specifically it tasked several agencies with coming up with plans and reports on different aspects of the industry.

However, as opposed to this executive order coming down hard on crypto for its potential negatives, it focuses mostly on investor protection as well as innovation.

It's not a grandslam because I am they will be trying to KYC all self hosted wallets at some point, but it's much better than it could have been.

So, from that standpoint, I'll take it!

(Source: https://www.forbes.com/sites/billybambrough/2021/10/10/executive-order-bombshell-bitcoin-ethereum-cardano-bnb-xrp-solana-and-dogecoin-are-braced-for-a-massive-earthquake-amid-huge-price-pump/)