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ARTICLE · 22 APRIL 2022

Executive Order On Digital Assets A Welcome Start To Responsible Regulation

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The President issued an Executive Order on Ensuring Responsible Development of Digital Assets on March 9, 2022.

United StatesTechnology
James Holbein
James Holbein
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The President issued an Executive Order on Ensuring Responsible Development of Digital Assets on March 9, 2022. The value of the cryptocurrency and digital assets sector exceeds $3 trillion and has the potential to grow much larger with proper regulation. No country has taken a lead role to develop regulation that will foster innovation while simultaneously protecting consumers, investors and businesses from criminal activity related to digital assets. This Executive Order is a bold move by the United States to assess and analyze the digital asset sector. If responsible legislation based on the EO can be drafted and passed, the US stands to authorize a strong, effective regulatory approach that also fosters innovation.

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