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Cryptocurrencies were higher Wednesday after President Joe Biden announced his highly anticipated executive order on digital assets that took a supportive stance toward the industry. Other cryptocurrencies including ether were also sharply higher. The executive order, which attempts to fix the lack of a framework for the U. Critics have said the lack of regulatory clarity could hold the U.
The lack of regulatory clarity has also been cited often as the barrier to greater institutional adoption in the crypto market. The order also calls for measures to protect American consumers, investors and businesses, and to protect the U. Additionally, it directs the U.
Treasury Secretary Yellen said in her statement Wednesday that the executive order "calls for a coordinated and comprehensive approach to digital asset policy. The executive order kicks off a six month long process for the regulatory agencies with jurisdiction in crypto to examine the industry.
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Botswana Telecommunications Corporation is a telecommunications and Internet service provider in Botswana, and is headquartered in Gaborone. It provides telecommunications services throughout the country. As Managing Director, Mr. Masunga is tasked with leading the growth and transformation of BTC post listing to deliver shareholder value. He is responsible for positioning BTC to compete effectively in a highly competitive and mature telecommunications market for Fixed and Mobile products and.