Blockchain Association Reacts to Biden Administration’s Executive Order on Digital Assets Findings

Washington, D.C. (Sept. 16, 2022) – The following statement is attributed to Kristin Smith, Executive Director of Blockchain Association: 

“Today’s reports and summaries from the Biden administration’s executive order on digital assets are a missed opportunity to cement U.S. crypto leadership. While intended to be part of a broader government and stakeholder effort to bring better regulation to crypto assets, these reports focus on risks – not opportunities – and omit substantive recommendations on how the United States can promote its burgeoning crypto industry, including job creation, improvements to the financial system, and expanded access for all Americans. Crypto is here for good – we will continue to work with the administration and Congress to advance constructive policies that will encourage innovation and ensure that all Americans can enjoy the full benefits of crypto networks.”