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Today, President Biden signed an executive order around cryptocurrencies which caused the crypto market to jump today. The order is taking a positive stance on crypto, and calls for government agencies to examine the risks and benefits of cryptocurrencies. The government wants to promote innovation, while minimizing illicit activity. While no new laws are put in-place today, we expect this order to be a positive step toward regulation in the coming years.
The order focuses on six key areas:
Financial stability
Consumer and investor protection
Illicit activity
U.S. competitiveness on a global stage
Financial inclusion
Responsible innovation
June 27, 2022
Happy Monday, everyone! In this edition of Ember Nuggets, we'll be covering the fallout of CeFi crypto platforms, a quick look into Web3 cell phones, and a macro market update.
June 24, 2022
Thank you to everyone who has participated in the third season of the mining program! The Ember team is proud to announce the start of Mining Season 4!
June 22, 2022
Welcome to the May recap! It's been a wild month in the space, but we remain bullish on the long-term outlook.