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Value of cryptocurrencies drops after Biden signs executive order (Video)

The market value of cryptocurrencies fell one day after President Biden signed an executive order establishing the first federal strategy for regulating crypto in the U.S. CBS News' Tanya Rivero discusses the issue with David Wachsman, CEO of Wachsman PR. They also talk about crypto industry players' views on the executive order and if its passage is necessary to prohibit Russians from evading U.S. sanctions.

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Value of cryptocurrencies drops after Biden signs executive order (Video)

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Summary
Value of cryptocurrencies drops after Biden signs executive order (Video)
Title
Value of cryptocurrencies drops after Biden signs executive order (Video)
Description

The market value of cryptocurrencies fell one day after President Biden signed an executive order establishing the first federal strategy for regulating crypto in the U.S. CBS News' Tanya Rivero discusses the issue with David Wachsman, CEO of Wachsman PR. They also talk about crypto industry players' views on the executive order and if its passage is necessary to prohibit Russians from evading U.S. sanctions. CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on CBSNews.com and Paramount+. Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews Watch CBS News: https://cbsn.ws/1PlLpZ7c Download the CBS News app: https://cbsn.ws/1Xb1WC8 Follow CBS News on Instagram: https://www.instagram.com/cbsnews/ Like CBS News on Facebook: https://facebook.com/cbsnews Follow CBS News on Twitter: https://twitter.com/cbsnews Subscribe to our newsletters: https://cbsn.ws/1RqHw7T Try Paramount+ free: https://bit.ly/2OiW1kZ For video licensing inquiries, contact: licensing@veritone.com