Skip to content
The Crypto Wrap
TwitterHomepage

The Treasury Department wants to hear your thoughts on crypto

Assets, Public, Risks, Market, Hear, Department, Order, Crypto, Soliciting, Treasury1 min read

Treasury Department soliciting public comments on impact of digital assets on lives of ordinary Americans. Biden administration's executive order on digital assets released in March affirmed the importance of crypto technology. The deadline for submitting comments is Aug. 8. The Treasury Department is making the public request as the crypto industry is reeling from a market crash which saw crypto tokens shed about $2 trillion in value and led to major layoffs and bankruptcies in the industry. The department said it is “seeking to benefit from the experience of the American people and market participants’s market participants,” Nellie Liang, Treasury undersecretary for domestic finance, said the department is seeking “relevant input, data, and recommendations” related to how digital assets are developed. Source

© 2022 by The Crypto Wrap. All rights reserved.
Theme by LekoArts