Last week, President Biden issued an Executive Order on Ensuring Responsible Development of Digital Assets to align the U.S. government’s regulatory approach in response to the ever-growing development and adoption of digital assets and blockchain technology.
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The Order acknowledges the significant benefits and opportunities these technologies can bring, from financial gain through investment or faster, cheaper cross-border settlements, to socially minded issues like financial inclusion, but warns against the equally significant, if not greater, economic, security and environmental dangers.
StoneTurn Partner Kyla Curley outlines the primary objectives of the Order as well as how the Order will affect regulation and oversight going forward.
Kyla Curley, a Partner with StoneTurn, has over 20 years of experience investigating and making sense of complex and sensitive issues involving financial fraud, misuse, and misappropriation, as well as […]
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