June 21, 2022
Tracker: Crypto and Fintech Developments in the Biden Administration
In recent months, there has been a barrage of cryptocurrency news owing to market turbulence and piecemeal regulatory developments. The cryptocurrency market—a $1.7 trillion industry that has grown substantially in the last decade—still suffers significant volatility. Moreover, cryptocurrencies fall into several regulatory gaps and federal regulatory oversight of the market is severely underdeveloped.
In a new tracker, Director of Financial Services Policy Thomas Wade charts policy developments in cryptocurrencies, stablecoins, central bank digital currencies, and other digital assets from federal, state, and international regulators.