Executive order on cryptocurrency directs agencies to report on security issues

President Biden’s executive order on “digital assets” points to cybersecurity risks that must be addressed even as the U.S. encourages innovation and technological advances, calling for reports within six months containing recommendations on countering ransomware related to cryptocurrency and other security issues.

Among its elements, the EO says, “Within 180 days of the date of this order, the Attorney General, in consultation with the Secretary of the Treasury and the Secretary of Homeland Security, shall submit to the President a...