Digital Assets: Regulatory Challenges and Political Intrigue

This chapter explores the formation of a new working group on digital assets under Trump's administration and contrasts it with Biden's approach to cryptocurrency regulations. The discussion highlights complexities faced by regulatory bodies, the legal implications of cryptocurrency seizures, and skepticism surrounding Central Bank Digital Currencies (CBDCs). Additionally, concerns about executive orders catering to cryptocurrency businesses at the expense of consumer protection are raised, emphasizing a troubling disconnection in financial governance.