On May 19, 2022, the U.S. Department of Commerce published a Request for Comment titled “Developing a Framework on Competitiveness of Digital Asset Technologies." Digital assets, in this context, cover a broad array of assets, including “cryptocurrencies, stablecoins, [and central bank digital currencies,]” each of which has been the focus of recently proposed federal regulation and legislation. Commerce published the Request for Comment pursuant to the Biden Administration’s March 9, 2022, Executive Order “Ensuring Responsible See more +

On May 19, 2022, the U.S. Department of Commerce published a Request for Comment titled “Developing a Framework on Competitiveness of Digital Asset Technologies." Digital assets, in this context, cover a broad array of assets, including “cryptocurrencies, stablecoins, [and central bank digital currencies,]” each of which has been the focus of recently proposed federal regulation and legislation. Commerce published the Request for Comment pursuant to the Biden Administration’s March 9, 2022, Executive Order “Ensuring Responsible Development of Digital Assets”, which requires numerous federal regulatory and executive agencies to submit reports and evaluations on digital assets regulation and administration. The Request for Comment solicits public input on various aspects of digital assets development, including: U.S. competitiveness in a global market, consumer protection, systemic risk, environmental impacts and sustainability, international trade implications, and the current and future digital assets regulatory landscape. Written comments must be received by Commerce “on or before 5 p.m. Eastern Time on July 5, 2022.” See less -