Blog Digital Currency Perspectives October 04, 2022

White House Crypto Framework Should Inform SEC Approach (Law360)

The White House recently published a “Framework for Responsible Development of Digital Assets,” following up on President Joe Biden’s executive order on digital assets earlier this year, which set forth six principal policy objectives in furtherance of U.S. initiatives in the crypto and digital asset space. The framework directs financial regulators to “provide innovative U.S. firms developing new financial technologies with regulatory guidance, best-practices sharing, and technical assistance” and reinforce U.S. leadership and competitiveness in digital assets. Goodwin’s Nicholas Losurdo and Christopher Grobbel explain more in a recent Law360 article.

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