United States President Joe Biden signed an executive order on the domestic policy on digital assets, National Economic Council (NEC) Director Brian Deese and National Security Advisor Jake Sullivan announced on Wednesday.
The US government specified that six main priorities have been listed in the document. The White House will focus on the protection of American consumers, investors, and businesses, domestic and global financial stability and will ease "systemic risk." It will also be looking into illicit finance and its consequences for US national security and promote "US leadership in the global financial system and economic competitiveness."
"Financial inclusion" and "responsible innovation," including work on a US central bank digital currency (CBDC), will also be some of the main topics for the federal government, the White House said in a fact sheet.