Treasury Requests Comment on Implications of Digital Asset Development

Treasury issued a Request for Comment ("RFC") on the implications of the development and adoption of digital assets. The RFC is part of Treasury's greater effort to ensure responsible regulation under EO 14067 ("Ensuring Responsible Development of Digital Assets").

Treasury is seeking input, data and recommendations on the risks and opportunities of the development and adoption of digital assets and related changes in the financial market and payment infrastructure. In the RFC, Treasury prompts commenters to respond to a series of questions on the (i) adoption to date, and mass adoption of digital assets; (ii) opportunities for consumers, investors and businesses; (iii) risks of digital assets to the financial markets; (iv) risks to consumers, investors and businesses; and (v) impacts to the most vulnerable.

Comments are due by August 8, 2022.