2023-01-04T10:36:13-05:00August 24th, 2022|2- Daily Briefing|

Treasury Official Announces Series of Crypto Reports

Continuing to implement the President’s crypto executive order (see Client Report CRYPTO26), Julia Smearman, Director of International Financial Markets at Treasury, said today that the Department is releasing a series of the reports demanded by the President.  One on CBDC’s implications for economic growth, financial inclusion, and national security is set to be released in coming weeks, likely by September 5 given the 180-day deadline in the executive order.  Treasury is also completing a forthcoming report assessing digital-asset implications for consumers, investors, and businesses and an action plan on mitigating illicit financing.