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Bitcoin gets a bump as President Joe Biden signs crypto executive orderThe order empowers the AG to come to a decision on the existing legal authority for the Fed to issue a CBDC, which is worth watching. The order. U.S. President Joe Biden signed an executive order on Wednesday calling on the government to examine the risks and benefits of cryptocurrencies. The Executive order released on March 9th reveals the stance the Biden administration takes on hot topics today such as digital assests and blockchain.