Executive Order Is First Step In Supporting Digital Assets

Share on facebook
Share on twitter
Share on linkedin
Share on reddit

By Jessica Carey, Roberto Gonzalez and Carly Lagrotteria (March 16, 2022, 5:10 PM EDT) — On March 9, President Joe Biden issued Executive Order No. 14067 on responsible development of digital assets,[1] outlining a first-of-its-kind whole-of-government approach to supporting digital asset innovation, studying and mitigating digital asset risks, and reinforcing U.S. leadership in this area.[2]

The detailed, 13-page executive order lays out a national policy for digital assets across six key priorities: (1) consumer and investor protection; (2) financial stability; (3) illicit finance; (4) U.S. leadership in the global financial system and economic competitiveness; (5) financial inclusion; and (6) responsible innovation.[3]

To address these priorities, the executive order tasks various federal agencies with leading the review…

Read more

Explore the site

More from the blog

Latest News