And 43% of men age 18-29 have put their money into cryptocurrency.Д¬oinbase Global Inc., the largest cryptocurrency exchange in the United States, said the company had not seen a recent surge in sanctions evasion activity.

The executive order had been widely anticipated by the finance industry, crypto traders, speculators and lawmakers who have compared the cryptocurrency market to the Wild West.Дespite the risks, the government said, surveys show that roughly 16% of adult Americans - or 40 million people - have invested in cryptocurrencies.

global competitiveness,' Deese and Sullivan said Wednesday in a joint statement.Дaleep Singh, a deputy national security and economic adviser to Biden, told CNN on Wednesday that вЂњcryptoвЂ™s really not a workaround for our sanctions.вЂќ to keep playing a leading role in the innovation and governance of the digital assets ecosystem at home and abroad, in a way that protects consumers, is consistent with our democratic values and advances U.S. Under the executive order, Biden also directed the Treasury Department and other federal agencies to study the impact of cryptocurrency on financial stability and national security.Д«rian Deese and Jake Sullivan, Biden's top economic and national security advisers, respectively, said the order establishes the first comprehensive federal digital assets strategy for the United States. The Biden administration views the explosive popularity of cryptocurrency as an opportunity to examine the risks and benefits of digital assets, said a senior administration official who previewed the order Tuesday on the condition of anonymity, terms set by the White House. Treasury Secretary Janet Yellen said the effort would вЂњpromote a fairer, more inclusive, and more efficient financial system' while countering illicit finance and preventing risks to financial stability and national security.

WASHINGTON (AP) - President Joe Biden on Wednesday signed an executive order on government oversight of cryptocurrency that urges the Federal Reserve to explore whether the central bank should jump in and create its own digital currency.

Curren$sy pilot talk 3