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U.S. Treasury's New Financial Inclusion Strategy Doesn't Focus on Cryptocurrencies

U.S. Treasury's New Financial Inclusion Strategy Doesn't Focus on Cryptocurrencies

Bitget2024/10/29 17:49

The U.S. Treasury Department has developed a new financial inclusion strategy that does not focus on cryptocurrencies, seemingly indicating that the new U.S. strategy to promote financial inclusion does not rely on cryptocurrencies as an option. However, the content of the strategy does briefly mention that crypto is risky, mainly to publicise the US Treasury's work in flagging the hazards of the crypto industry. Analyses suggest that Harris, who said during her campaign that she would encourage cryptocurrencies as part of her economic agenda, has distanced herself from digital assets under the administration she is currently in, and perhaps this could be the last mention of cryptocurrencies by the US Treasury before next week's election.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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