Web3 is the new frontier for marketing, and it’s continuously evolving. To keep you up to speed, here’s what you need to know from this past week.
President Biden ushers in a new era for cryptocurrency
On Wednesday, President Biden signed an executive order mandating his administration to begin investigating how cryptocurrency could potentially benefit or harm U.S. national security and global financial competitiveness. The historic legislation arrives at a time when the world is racing to come to grips with the transformational effects of cryptocurrency, which doesn’t appear to be going anywhere anytime soon.
The new legislation, broadly speaking, calls on federal agencies to crack down on criminal activity taking place in the crypto space, mitigate threats posed to cybersecurity, and take active steps to ensure that the U.S. will become a technological leader in the growing digital asset marketplace. The signing of the executive order caused crypto stocks and digital assets (like Bitcoin) to surge.
LimeWire is back from the dead — as a NFT marketplace
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