It's wise to listen to the players in the game. The US Commerce Department needed feedback, and the top crypto and financial actors replied, led by a 16-page letter from Mastercard.
Among the numerous reports and other written material mandated in United States President Joe Biden’s March 9 executive order “Ensuring Responsible Development of Digital Assets” is a framework for enhancing United States economic competitiveness in digital asset technologies, due from the Commerce Department on September 5. In preparation for that document, the Commerce DepartmentAs of midday on Tuesday, eight comments had been received by the Commerce Department.
Mastercard said in its response that the United States was in a particularly strong position as both a financial services and technological innovation hub. It urges several steps be taken to preserve those advantages. Lack of regulatory clarity is a significant obstacle business and innovation, Mastercard wrote, adding:
“Mastercard therefore supports the view that the U.S. administration should consider leadership in the regulation of digital assets as a key enabler of the overall competitiveness of American firms in this sector.” In addition, Mastercard said countries are creating burdensome requirements for businesses in the sector and recommended that “an approach to the treatment of digital trade” be included in U.S. international trade agreements.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
U.S. Justice Department sues Arizona over proof of citizenship lawThe US. Department of Justice is suing the state of Arizona, in a move to block a state law requiring proof of citizenship from voters. Read more
Leer más »
US Navy Offers Cash for Tips to Seize Drugs, Weapons as Tensions With Iran ContinueThe 5th Fleet says it and its partners seized $500 million in drugs alone in 2021 — more than the four prior years combined. The 5th Fleet also intercepted 9,000 weapons in the same period, three times the number seized in 2020.
Leer más »
Rush toward green energy has left US 'incredibly' vulnerable to summer blackouts, expert warnsMuch of the U.S. could be due for blackouts this summer as policymakers rush power plants offline in a bid to switch to renewable energy sources such as wind and solar.
Leer más »
WWII Medal of Honor recipient to lie in state at US CapitolHershel W. “Woody” Williams, the last remaining Medal of Honor recipient from World War II, will lie in state at the U.S. Capitol.
Leer más »
'Join us in California': Newsom runs GOP attack ads in FloridaGov. Gavin Newsom is running for reelection in California, but his latest television ad is airing in Florida.
Leer más »
Russian lawmaker proposes declaring U.S. 'terrorist state'State Duma deputy Oleg Morozov took aim at the U.S. in the wake of Sunday's explosions in the Russian city of Belgorod near the Ukraine border.
Leer más »