Key Takeaways from President Biden’s Executive Order on Crypto
On March 9, 2022, President Joe Biden signed a much-anticipated executive order (EO) titled “Ensuring Responsible Development of Digital Assets” as well as released an accompanying fact sheet. The order focuses on six key areas — ensuring consumer and investor protection, maintaining financial stability, combating illicit financing activities, establishing U.S. leadership in the global financial system, and securing economic competitiveness, financial inclusion, and responsible innovation.