Biden freezes all federal regulatory proposals, including Mnuchin’s controversial crypto wallet legislation, until his new administration can review them
Joe Biden halted all last-minute rules from Trump’s administration, including those for cryptocurrency. Hours after Biden’s inauguration ceremony, the order was circulated in a memo to all federal agencies. Controversial crypto regulations proposed by Steve Mnuchin on December 18 were met with criticism. Sign up here our daily newsletter, 10 Things Before the Opening Bell .