Joe Biden wants YOU

An executive order to ensure the responsible development of digital assets was signed on 9 March. The executive order set a vector for US policy on digital assets such as Bitcoin, Ether, and various staples.

The paper basically asks the various regulators to define a single approach to cryptocurrencies. And yesterday, Tuesday 12 July, the United States Treasury Department announced the public discussion phase of Joe Biden's decree number 14067.

But the discussion period is limited, a few weeks, until 8 August. The Treasury Department believes that this is a great opportunity for anyone interested to present their arguments in favour of certain solutions to regulate the circulation of digital assets. It's hard to argue with that.

"For consumers, digital assets can present both potential benefits, such as faster payments, and potential risks, including risks associated with fraud and scams," says Nellie Liang, Treasury's deputy secretary for domestic finance. It's not often you hear really balanced and relevant thoughts about cryptocurrencies from US regulators :D.

Based on all of the above facts, we can say that such "open mics" could greatly simplify the issue of regulating digital assets, while doing so in a way that satisfies all parties. We will keep an eye on what comes out of this.