What is Crypto executive order?

What is Crypto executive order? The order directs a mix of government agencies and departments, from the Treasury to the Attorney General to the Consumer Financial Protection Bureau, to study the state of the almost $2 trillion crypto market.

The Biden administration’s recent executive order on Crypto assets commissions a report on specific use cases for how Blockchain technology can help fight Climate Change. 

There is already an entire #ReFi ecosystem of projects, in addition to weather exchange dClimate, which leverages blockchain to advance climate action. Platforms like Arbol, which dClimate provide data for, are leveraging blockchain to make weather insurance more accessible. In addition, more affordable, and transparent for underserved communities and businesses.

Other pioneers in this space include Open Forest Protocol, Astral Protocol, Chainlink Labs, basinDAO, Toucan Protocol, and many others. Blockchain is an essential technology for powering climate action. As a result, data is the critical base layer for all of the tools that are needed. Moreover, to move us towards a more sustainable and prosperous future.

Furthermore, many believe blockchain is the solution we need for proper scaling and merging of environmental solutions.

Paul Romer

Moreover, it looks like Crypto is here to stay. Furthermore, the much needed regulation to open the floodgates for mainstream adoption is close.

What are the 4 types of cryptocurrency?

“Crypto can be classified into different categories, like DeFi, NFT, utility tokens, store of value tokens like bitcoin and litecoin, and yield farming tokens like Aave,” says Sidharth Sogani, CEO of Crebaco

What is Crypto executive order?