Executive Order Aiming To Coordinate Digital Assets Policies May Bring Much-Needed Clarity

Skadden PartnersAlexander Drylewski, Stuart Levi and Bao Nguyen discuss President Biden's recent executive order directing federal agencies to study and report on risks associated with cryptocurrencies and other digital assets. The order marks a watershed moment in organizing and establishing a federal strategy toward the regulation of digital assets and signals that the government may consider cryptocurrency as a legitimate and important part of the economy in the future.