On May 19, 2022, the Department of Commerce (Commerce) issued a notice and request for comment (RFC) regarding its development of a framework for enhancing U.S. economic competitiveness in digital asset technologies. In addition to reviewing public comments, and as required by President Biden’s March 9, 2022, Executive Order, “Ensuring Responsible Development of Digital Assets,” the Secretary of Commerce will directly seek consultation on this issue from the Secretary of State, the Secretary of the Treasury, and the heads of other federal agencies.
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