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…
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