The White House has constructed a crypto roadmap in order to prevent the risks associated with the asset. On that note, the White House has released a new document, which has been presented to U.S. President Joe Biden.
Most of the document contains an address to Congress in order to help them formulate a more appropriate legislative regulation to govern crypto assets.
These regulations, when they come into play, will remain effective throughout the administration’s tenure. The authors of the document have mainly established two elaborate processes that will accelerate the legislation going forward.