Davis Polk partner Dan Stipano was quoted in S&P Global Market Intelligence on President Biden’s executive order on digital assets, which calls for reports by federal banking agencies and other regulators on the implications of the development and adoption of digital assets, and changes in financial market and payment system infrastructures. Dan noted that “the sweeping breadth of the order could place a burden on the work already underway” and “the impact of all of this seems pretty far off and pretty uncertain.”

“Biden digital asset executive order may be ‘symbolic’ but still momentous,” S&P Global Market Intelligence (March 11, 2022)

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