The Council fo Economic Advisors

The Council fo Economic Advisors showed outright disregard for the purported benefits of Bitcoin and other cryptocurrencies in the President’s Economic Report

White House trashes crypto: ‘No fundamental value’

Biden Economic Report Says Most Crypto Assets 'Have No

The White House argued in

White House Says Crypto Does Not Offer “Any Fundamental Value”

The White House argued in a new report that many crypto assets “have no fundamental value,” and that the $1 trillion industry can cause serious harm to consumers and

Biden Report: Most of Crypto Has 'No Fundamental Value'

According to the report

According to the report, crypto assets, to date, appear to offer no tangible investment opportunities; they are not an effective substitute for fiat money, nor does their

However, the White House research clearly shows how the administration feels about cryptos. The White House thinks that investors face danger from digital assets

White House blasts on cryptocurrencies; says ‘have no

Indeed

White House blasts digital assets in new report, sees little value in

White House report says majority of cryptos have 'no fundamental

“Indeed, crypto assets to date do not appear to offer investments with any fundamental value, nor do they act as an effective alternative to fiat money, improve financial inclusion, or make

The report states that

Federal Reserve decision on Wednesday is the next key catalyst, cryptos show signs of fundamental strength

The Economic Report of the President released included a round condemnation of cryptocurrencies, saying they offer nothing except risk to U.S. financial markets.

The report states that “crypto assets do not offer any fundamental value, nor do they act as an effective alternative to fiat money.” This is a significant statement from the White House, as it

President’s Economic Report Blasts Crypto For Having No

White House Blasts Bitcoin for Having “No Fundamental Value,”