The U.S. Department of Commerce is calling for submissions on how to create a framework to enhance U.S. economic competitiveness in digital assets such as crypto and stablecoins. The U.S. Department of Commerce (DoC) intends to issue a series of 17 questions for comment through the International Trade Administration.
The request will be published in the Federal Register on May 19. These issues relate to the Department of Defense’s efforts to develop a framework under President Joe Biden’s executive order to address the challenges facing the economic growth of digital assets in the United States.
The questions will cover a range of topics relevant to U.S. crypto businesses, such as perceptions of how regulations can improve competitiveness and the obstacles business owners currently face. It will also cover digital asset mining, possibly related to Bitcoin and Ethereum.