• 34ºc, Sunny

US Treasury's New Financial Inclusion Strategy Fails to Focus on Cryptocurrencies

The US Treasury has developed a new financial inclusion strategy, but it does not focus on cryptocurrencies, suggesting that the new US strategy to promote financial inclusion does not rely on cryptocurrencies as an option. However, the content of the strategy does briefly mention the risks of crypto technology, mainly to promote the US Treasury's work in flagging the harm of the crypto industry. The analysis believes that Harris said during the campaign that she would encourage cryptocurrencies as part of her economic agenda, but the current government she is in has distanced itself from digital assets. Perhaps this may be the last time the US Treasury mentions cryptocurrencies before next week's election.