In early March 2022, President Biden signed an Executive Order on Ensuring Responsible Development of Digital Assets. Digital assets, in this context, cover various types of assets, including cryptocurrency, stablecoin, and central bank digital currency (CBDC). The Executive Order outlines key Administration objectives concerning the development of U.S. federal policy and regulation for digital assets.
Notably, the Executive Order obligates federal regulatory and executive agencies, including the SEC, See more +
In early March 2022, President Biden signed an Executive Order on Ensuring Responsible Development of Digital Assets. Digital assets, in this context, cover various types of assets, including cryptocurrency, stablecoin, and central bank digital currency (CBDC). The Executive Order outlines key Administration objectives concerning the development of U.S. federal policy and regulation for digital assets.
Notably, the Executive Order obligates federal regulatory and executive agencies, including the SEC, FTC, CFTC, Federal Reserve, Treasury, Commerce, FDIC, and OCC, to submit reports and evaluations on various aspects of digital assets administration and regulation over the coming months. For example, within the next 180 days relevant agencies will submit reports on the “implications of developments and adoption of digital assets and changes in financial market and payment system infrastructures for United States consumers, investors, businesses, and for equitable economic growth.” See less -
