cryptonews: Biden Report: Most of Crypto has 'No Fundamental Value'
If you're trying to find something nice that President Joe Biden's annual Economic Report of the President to Congress had to say about crypto, here it is: "It is conceivable that some of their potential benefits may be realized in the future."
One of nine sections in a report that also looked at topics like Supply Challenges in U.S. Labor Markets and Investing in Young Children's Care and Education, the 36-page reveal of the administration's perspective on crypto basically ran from skeptical to negative to threatening.
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