Attention: Action Taken for Biden’s Cryptocurrency Order!

Public opinion is awaited on how Joe Biden might respond to the cryptocurrency order. According to the announcement, titled “Developing a Framework on the Competitiveness of Digital Asset Technologies,” published on Thursday, the U.S. International Trade Administration has sought public comment on how it might respond to President Joe Biden’s executive order regarding cryptocurrencies.

U.S. Department of Commerce’s International Trade Administration awaits public comment on the cryptocurrency order

He is seeking public opinion on how Joe Biden might react to the cryptocurrency-related executive order. The executive order directed the Commerce, State, and Treasury Departments, as well as other federal departments and agencies, to develop a framework to improve the economic competitiveness of the United States in the cryptocurrency sector.

Department of Commerce on a wide range of topics, including the competitiveness of US crypto startups worldwide, comparisons with traditional financial services, and financial inclusion issues and technical factors. asked for support. On or before July 5, written comments are requested to be sent by 00:00 Turkish time.

Background dates back to March

On March 9, Federal agencies evaluated their approach to six “key priorities” in the cryptocurrency industry. He had signed a first-of-its-kind executive order on cryptocurrencies directing federal agencies to coordinate their approach to the industry. The “all government” effort to regulate the crypto market focuses on consumer protection, financial stability, illegal uses, leadership in the global financial sector, financial inclusion and responsible innovation, according to one published form.

Request for comment on cryptocurrencies

In the announcement titled “Developing a Framework on Competitiveness of Digital Asset Technologies” published Thursday, The following statement was made public for the request for comment.

• The Commerce Administration has taken any action that they believe is relevant to the United States’ development of the framework for enhancing economic competitiveness and leveraging digital asset technologies, pursuant to Section 8(b)(iii) of the Administrative Order. welcomes input on the subject. Commenters are encouraged to consider any or all of the following questions or provide other comments on the development of the framework.

We will be posting the next decisions on Kriptokoin.com.