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A senior administration official struck a neutral tone on digital have their own relatively young sheet said, and to ensure that the U.
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Crypto currency executive order | While the United States held the position of president of the FATF, the United States led the group in developing and adopting the first international standards on digital assets. Today, global standard-setting bodies are establishing policies, guidance, and regulatory recommendations for digital assets. Digital assets may pose significant illicit finance risks, including money laundering, cybercrime and ransomware, narcotics and human trafficking, and terrorism and proliferation financing. Government to assess the technological infrastructure and capacity needs for a potential U. Since , the Secretary of the Treasury has convened the Financial Stability Oversight Council FSOC to assess the financial stability risks and regulatory gaps posed by the ongoing adoption of digital assets. The report shall include any recommendations on regulatory or legislative actions, as appropriate. Digital assets pose meaningful risks for consumers, investors, and businesses. |
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