News Brief

E-Crypto News Quotes Stafford on Biden’s Cryptocurrency Executive Order

March 29, 2022

Joseph Stafford (Partner-Chicago, IL) was quoted in “U.S. President Joe Biden’s Crypto Executive Order – What Are the Implications? We Talk to 31 Crypto Heavy Hitters!” for the March 25, 2022, edition of E-Crypto News. The article queried crypto authorities on President Biden’s March 9, 2022, Executive Order on cryptocurrencies, signaling an openness to the technology’s potentially positive impacts. However, Joseph says “it would be naïve to suggest it will lead to relaxed legal or regulatory scrutiny” and notes “companies (and individuals) engaging with cryptocurrency will still need to demonstrate implementation of compliance programs tailored to the unique risks in the blockchain ecosystem.”

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