The lack of clarity and regulation around cryptocurrency was most recently underscored by the spectacular collapse of FTX. The details of FTX's failure are still being uncovered, and the exchange's bankrupcy came on the heels of several other nascent crypto companies that folded.
The Biden administration was never expected to be an eager leader in the cannabis reform movement.
However, with over 90% of Americans believing that pot should be legal for medical use and 60% supporting recreational use, it is fair to ask when or if the Biden administration will take action on the matter.