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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] The executive order addresses the potential national security ...
According to a press statement given by Secretary of State Antony J. Blinken, the executive order is intended to protect and promote positive financial innovation whilst putting a stop to malicious use of digital assets, and he specifically addresses the Russian attack on Ukraine as one of the reasons for the executive order's creation. [43]
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 ...
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 will sign a wide-ranging executive order directing agencies across the government to study cryptocurrencies and a central bank digital currency (CBDC).
Listed below are executive orders beginning with order number 13985, presidential proclamations, presidential memoranda, national security memoranda, presidential determinations, presidential sequestration orders, and presidential notices signed by current U.S. President Joe Biden (2021-present).
In September 2022, Biden released a framework in which he asked the Federal Reserve to explore the creation of a CBDC after signing an executive order in March. But the White House hasn't said ...