Cryptocurrency awareness program to be launched by the US Treasury department

There are no cutting edges toward how cryptocurrencies will become mainstream in the field of finance, we will be witnessing rapid growth in crypto space years to come as institutions and investors are gradually embracing the emerging crypto space as an alternative to the centralized systems, it's very likely those who ain't keying into the new advanced technology will probably be left out to catch up when it is probably too late while others have made great advancement from blockchain technology, blackberry a leading mobile telecommunication developing company lingered on incorporating android software/application on their device and were left behind and kicked out of the competitive market, I suppose crypto will be a game-changer to revolutionize the finance market those who understand how it works will no doubt be glad they did years from now.

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The recently signed executive order by President Biden on how cryptocurrency should be regulated has tasked different financial departments to scrutinize how blockchain technology will impact/improve the US government economically, this has prompted the US treasury department and other financial institutions to initiate programs that will enlighten both incoming and active investors on the pros and cons of using cryptocurrencies as digital assets.

The government aims to inform the public about how crypto assets work and how they are different from other forms of payment. The Treasury’s outreach will focus on investors with limited access to mainstream financial services, Liang detailed.
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Crypto awareness programs for users will serve as a booster in terms of making people understand how blockchain works and will likewise attract new users into the space, lack of proper understanding of the technology have created skepticism among multiple individuals who only have the notion of cryptocurrencies used as a tool for money laundering and unsolicited online activities.

Educating, reaching out, publishing materials, and organizing awareness programs will not only increase the adoption rate of cryptocurrency but will explicitly expose users to the numerous advantage of the leading technology, without doubt, this initiative will be a driving factor for increasing awareness and crypto adoption.

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