Executive Order 14067

Executive Order 14067, officially titled Ensuring Responsible Development of Digital Assets, was
signed on March 9, 2022 and is the 83rd executive order signed by U.S. President Joe Biden. The
telos of the order is to develop digital assets in a responsible manner.[1] The executive order
addresses the potential national security implications of cryptocurrencies.[2]

Executive Order 14067

"Ensuring Responsible Development of Digital Assets"

Type Executive order

Executive Order number 14067

Signed by Joe Biden on March 9, 2022

Summary

Guaranteeing that digital assets are developed in a responsible manner.

Provisions

The executive order aims to develop a digital assets policy plan and organize federal regulators'
efforts in this area. The order outlines five main goals, which includes protection of consumers and
investors, monetary stability, decreasing financial and national security risks, economic
competitiveness, and responsible innovation. It also asks for more work to be done into developing
a United States Central Bank Digital Currency (CBDC).

Companies in the digital asset field will likely see policy changes in the form of regulation and
enforcement, but it might also give the market and its participants more clarity. The order instructs
federal agencies to conduct a wide assessment of existing policies relating to digital assets and to
submit reports recommending regulatory and legislative reforms.[3]
The order does not change the way digital assets are governed immediately; nevertheless, it marks
the start of a process to develop a regulatory framework that addresses all elements of digital
assets. It demonstrates the United States' acknowledgment of the importance of digital assets and
blockchain technology in the global financial system, as well as its intention to remain a leader in
the global financial system through responsible payment innovation and digital asset
development.[4]

See also

List of executive actions by Joe Biden

References

1. "Ensuring Responsible Development of Digital Assets" (https://www.federalregister.gov/documents/2022/

03/14/2022-05471/ensuring-responsible-development-of-digital-assets) . Federal Register. March 14,
2022. Retrieved April 20, 2022.

2. Klein, Aaron (March 17, 2022). "How Biden's executive order on cryptocurrency may impact the fate of
digital currency and assets" (https://www.brookings.edu/blog/techtank/2022/03/17/how-bidens-executiv
e-order-on-cryptocurrency-may-impact-the-fate-of-digital-currency-and-assets/) . Brookings Institution.
Retrieved August 5, 2022.

3. "Executive Order on Ensuring Responsible Development of Digital Assets" (https://www.whitehouse.gov/b

riefing-room/presidential-actions/2022/03/09/executive-order-on-ensuring-responsible-development-of-di
gital-assets/) . White House. March 9, 2022. Retrieved April 20, 2022.

4. "Ensuring the Responsible Development of Digital Assets" (https://www.state.gov/ensuring-the-responsibl

e-development-of-digital-assets/) . U.S. Department of State. March 9, 2022. Retrieved April 20, 2022.

External links

US Presidential Actions (https://www.whitehouse.gov/briefing-room/presidential-actions/)

Federal Register (https://www.federalregister.gov/executive-orders)

Executive Order on Ensuring a Lawful and Accurate Enumeration and Apportionment Pursuant to
the Decennial Census (https://www.whitehouse.gov/briefing-room/presidential-actions/2021/01/
20/executive-order-ensuring-a-lawful-and-accurate-enumeration-and-apportionment-pursuant-to-d
ecennial-census/)
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