10 takeaways on the White House framework for digital assets

We’re beginning to receive clarity from the White House regarding its approach to digital assets, including the potential development of a Central Bank Digital Currency (CBDC).

With the release of a wide-ranging report, the White House appears to be embracing digital assets and their potential for transparent, cost-efficient, and inclusive financial services. A background press call provided even more insight into the Biden Administration’s thinking.

After taking some time to evaluate and process the materials, we shared some initial thoughts on the White House’s views and where things could be heading in terms of a CBDC and other digital assets.

Here are ten key takeaways from the White House messaging:

 

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