White House issues Executive Order directing federal agencies to review regulation of digital assets
April 12, 2022
President Biden signed an "Executive Order on Ensuring Responsible Development of Digital Assets" on March 9, 2022, that tasked federal agencies with conducting a broad review of digital assets, including cryptocurrencies. The Order lays out a national policy for digital assets focused on six key priorities: (1) consumer and investor protection; (2) financial stability; (3) illicit finance; (4) US leadership in the global financial system and economic competitiveness; (5) financial inclusion; and (6) responsible innovation.