As Federal Agencies Organize, US States Continue to Lead in Regulating Digital Assets

On March 9, 2022, the Biden administration issued a much anticipated executive order regarding digital assets, which called for "the first-ever, whole-of-government approach to addressing the risks and harnessing the potential benefits of digital assets and their underlying technology."

In this article, SRZ partner Kara A. Kuchar and associate Steven T. Cummings examine the effects of state regulation in the cryptocurrency world and the mixed reception of the Biden administration's approach to cryptocurrency regulation.