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Biden�s Crypto Executive Order Explained - Mashable ExplainsPresident Joe Biden has signed an executive order on government oversight of cryptocurrency that urges the Federal Reserve to explore. 8/3/ � Senators Stabenow and Boozman introduce a bipartisan bill that would centralize the CFTC as the primary regulator of crypto markets. U.S. President Joe Biden signed an executive order on Wednesday calling on the government to examine the risks and benefits of cryptocurrencies.