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UNITED STATES OF AMERICA WHITE HOUSE RELEASES FIRST CRYPTO REGULATORY FRAMEWORK   17th of September , 2022

The United States of America's White House yesterday published the first cryptocurrency regulatory framework for the country. The regulatory framework focuses on protecting consumers and businesses from fraudulent activities by “aggressively pursue investigations and enforcement actions against unlawful practices in the digital assets space”, promoting access to financial services by “align global payments practices, regulations, and supervision protocols, while exploring new multilateral platforms that integrate instant payment systems”, encouraging finanacial stability, aid innovation, develop a Central Bank Digital Currency (CBDC) system and secure the nation from threats by “identify nodes in the ecosystem that pose national security risks”.

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