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Executive Order 14067, officially titled Ensuring Responsible Development of Digital Assets, was signed on March 9, 2022, and is the 83rd executive order signed by U.S. President Joe Biden. The ultimate aim of the order is to develop digital assets in a responsible manner. [ 1 ]
STORY: U.S. President Joe Biden Wednesday signed an executive order requiring the U.S. government to assess the risks and benefits of cryptocurrencies and to explore the creation of a digital ...
U.S. President Joe Biden’s long-awaited executive order on digital assets has received mixed reactions from the crypto community and wider industry.
On March 9, 2022, President Joe Biden signed an executive order regarding digital assets, [41] which is the first time a "whole-of-government approach" was utilized to provide protections regarding digital assets for both individual citizens and the United States as a whole. [42]
President Joe Biden will sign a wide-ranging executive order directing agencies across the government to study cryptocurrencies and a central bank digital currency (CBDC).
On March 9, 2022, Biden issued Executive Order 14067 to federal departments and agencies to assess the benefits and risks of cryptocurrencies, [146] [147] and directed the Federal Reserve to continue its research, development, and assessment efforts for a central bank digital currency (CBDC) for the U.S. dollar.
A U.S. digital currency could be on the horizon. The Biden administration is putting its support behind the research and development of a “U.S.
President Joe Biden's executive order on digital assets, signed March 9, has been widely lauded in the crypto industry -- many financial experts see this unified approach to crypto regulation as a...