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GDF Welcomes President Biden’s Executive Order on Ensuring Responsible Innovation in Digital Assets

Global Digital Finance (GDF), the cryptoassets and digital finance industry membership body,
welcomes President Biden’s March 9, 2022 Executive Order on Ensuring Responsible
Innovation in Digital Assets. The Order outlines “the first ever, whole-of-government approach
to addressing the risks and harnessing the potential benefits of digital assets and their
underlying technology.” It also sets forth a national policy across six key priorities: consumer
and investor protection; financial stability; illicit finance; U.S. leadership in the global financial
system and economic competitiveness; financial inclusion; and responsible innovation. GDF
supports this seminal initiative and stands ready to support the agency work as they study and
build a regulatory framework.