By Dr. Alondra Nelson, head of the White House Office of Science and Technology Policy Alexander Macgillivray, Principal Deputy United States Chief Technology Officer Nik Marda, Policy Advisor President Biden often summarizes his vision for America in one word: Possibilities. A “digital dollar” may seem far-fetched, but modern technology could make it a real possibility.…
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Technical Evaluation for a U.S. Central Bank Digital Currency System
Technical Evaluation for a U.S. Central Bank Digital Currency System can be found here.
Statement by NEC Director Brian Deese and National Security Advisor Jake Sullivan on Digital Assets Framework
At the direction of President Biden and after 180 days of determined work across the Biden-Harris administration, we are releasing the first-ever comprehensive federal digital assets framework– positioning us to keep playing a leading role in the innovation and governance of the digital assets ecosystem at home and abroad and in a way that protects consumers,…
Background Press Call by Senior Administration Officials on the First-Ever Comprehensive Framework for Responsible Development of Digital Assets
Via Teleconference (September 15, 2022) MODERATOR: Thank you, everyone, and thanks for joining. Today we’re doing a press call on the new Comprehensive Framework for Responsible Development of Digital Assets. The first part of the call is on the record so we’re going to go ahead and get that started. And I’m going to turn it…
Background Press Call by Senior Administration Officials on the President’s New Digital Assets Executive Order
Via Teleconference (March 8, 2022) 6:21 P.M. EST MODERATOR: Good evening, everyone. Thank you for joining today’s press call to discuss President Biden’s new executive order on ensuring responsible innovation in digital assets. As a reminder, this call will be on background, attributed to a senior administration official, and the contents of this…
FACT SHEET: President Biden to Sign Executive Order on Ensuring Responsible Development of Digital Assets
Outlines First Whole-of-Government Strategy to Protect Consumers, Financial Stability, National Security, and Address Climate Risks Digital assets, including cryptocurrencies, have seen explosive growth in recent years, surpassing a $3 trillion market cap last November and up from $14 billion just five years prior. Surveys suggest that around 16 percent of adult Americans – approximately 40…
Statement by NEC Director Brian Deese and National Security Advisor Jake Sullivan on New Digital Assets Executive Order
Today President Biden signed an Executive Order (E.O.) to establish the first-ever comprehensive federal digital assets strategy for the United States. The E.O. will help position the U.S. to keep playing a leading role in the innovation and governance of the digital assets ecosystem at home and abroad, in a way that protects consumers, is…
FACT SHEET: White House Releases First-Ever Comprehensive Framework for Responsible Development of Digital Assets
Following the President’s Executive Order, New Reports Outline Recommendations to Protect Consumers, Investors, Businesses, Financial Stability, National Security, and the Environment The digital assets market has grown significantly in recent years. Millions of people globally, including 16% of adult Americans, have purchased digital assets—which reached a market capitalization of $3 trillion globally last November. Digital…
The Path Toward Responsible and Equitable Digital Assets Innovation
By: Dr. Alondra Nelson, head of the Office of Science and Technology Policy and Deputy Assistant to the President More of the American public than ever before is using digital assets to pay for things or to speculate, with approximately one-in-six saying they’ve invested in, traded, or used cryptocurrencies. Initially created to decentralize our financial…
Executive Order on Ensuring Responsible Development of Digital Assets
By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered as follows: Section 1. Policy. Advances in digital and distributed ledger technology for financial services have led to dramatic growth in markets for digital assets, with profound implications for the protection…
