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Secretary of the Treasury Cryptocurrency

Kilpatrick

Treasury Solicits Public Comment on Ensuring Responsible Development of Digital Assets

Kilpatrick on

The U.S. Department of the Treasury (Treasury) published a Request for Comment on Ensuring Responsible Development of Digital Assets. As stated by Treasury, the Request for Comment seeks input on “the illicit finance and...more

Kilpatrick

U.S. Announces Comprehensive Framework for Responsible Development of Digital Assets

Kilpatrick on

On September 16, 2022, the White House released a Fact Sheet outlining the “First-Ever Comprehensive Framework for Responsible Development of Digital Assets.” The framework addresses various topics related to both domestic...more

Kilpatrick

Digital Assets Regulation Framework - Commerce Solicits Public Comment

Kilpatrick on

On May 19, 2022, the U.S. Department of Commerce (Commerce) published a Request for Comment titled “Developing a Framework on Competitiveness of Digital Asset Technologies” (Request for Comment). Digital assets, in this...more

Cadwalader, Wickersham & Taft LLP

Yellen to Senate Banking Committee: Stablecoins Should Be Regulated

Earlier last week, Department of the Treasury Secretary Janet Yellen provided testimony and responded to questions from the Senate Banking Committee regarding volatility in cryptocurrencies that are designated to be...more

Troutman Pepper

Electronic Currency and Secure Hardware Act Introduced in the House of Representatives

Troutman Pepper on

On March 28, Representative Stephen Lynch (D-MA), along with co-sponsors Jesús G. García (D-IL), Rashida Tlaib (D-MI), Ayanna Pressley (D-MA), and Alma Adams (D-NC), introduced H.R. 7231, the Electronic Currency and Secure...more

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