Several papers submitted by federal agencies in response to President Joe Biden's executive order on cryptocurrency were published by the White House.
Leaving aside the odd focus on central bank digital currency The many papers include a wealth of information that the cryptocurrency sector should be paying attention to.
There are other details that, if the White House does implement them, will fundamentally alter how crypto firms function in the United States.
A "Federal framework to govern nonbank payment companies" is something the United States might think about.
Although the report does not specifically specify that these nonbank payment providers are cryptocurrency exchanges, it does point out that the majority of the present providers are subject to governmental regulation.
The White House Science Office made headlines earlier this month when it dared to criticise certain aspects of the energy utilisation of the cryptocurrency mining sector.