The US administration announced its intention to launch a digital dollar project at a later time, in order to impose controls on the cryptocurrency sector.

According to Al Arabiya Net, the US presidency statement said that Biden will sign, Wednesday, a decree asking his administration to attach the utmost importance to research and development in order to reach a digital currency for the central bank, in the United States that dominates Its currency affects the financial sector in the world, according to Agence France-Presse.

It is noteworthy that hours after the US decision to ban all imports of Russian oil and gas, cryptocurrency platforms went green, and Bitcoin rushed towards recording significant gains, boosting market profits to reach 132 billion dollars over the past few hours.