Biden To Issue Executive Order On Cryptocurrency

The transcript discusses federal agencies studying the impact of creating a digital currency for the central bank, with a six-month deadline for reports on the future of money and the role of cryptocurrency. It highlights the recent media focus on crypto and mentions the White House's consideration of options to regulate the crypto market to address ransomware and cyber threats.

What concerns did the White House express regarding the crypto market?

What threats are associated with the crypto market as mentioned in the text?