During the past week there was a very positive echo of the news in which Joe Biden, president of the United States, signed an executive order in which se authorizes and opens the doors, with a clear strategic plan for crypto regulation in the USA.
In view of that, from Bitpanda, Alejandro Zala, who is the Country Manager for Spainshared with Cointelegraph en Español his reaction to this measure, which he qualifies as one of very high relevance for the industry.
This executive order that was signed yesterday by the president of the United States, Joe Biden, is intended to ensure the responsible development of digital assets, such as cryptocurrencies, addressing their risks while taking advantage of their benefits.
“The attention and official interest of the White House in these assets is very relevant news for the industry,” Zala commented.
Having said that, also qualified this executive order as essential for the adoptiondue to the fact that it is allowed to establish a policy in the United States on digital assets, something that, to tell the truth, had been waiting for a long time.
“The world of digital assets has seen tremendous growth in recent years, both in terms of mass adoption and the emergence of new players. Regulatory activity and attention from major geopolitical players, such as the President of the United States, is essential good news for adoption, confidence, and investor protection,” Zala said.
Finally, it should be noted, according to Zala, that this executive order would establish a digital asset policy in the USA that takes into account six key priorities: “consumer and investor protection; financial stability; financial embezzlement; US leadership in the global financial system and economic competitiveness; financial inclusion; and responsible innovation”said.
It may interest you:
Investments in crypto assets are not regulated. They may not be suitable for retail investors and the full amount invested may be lost. The services or products offered are not aimed at or accessible to investors in Spain.