Washington, D.C. — Commodity Futures Trading Commission Chairman Rostin Behnam today released the following statement on the Executive Order on Digital Assets signed by President Biden today:

“The Executive Order signed by President Biden today marks a significant step. The EO will ensure greater cooperation and coordination between various cabinet-level agencies, the independent market regulators and prudential regulatory bodies. With increased adoption and growth in the digital asset market comes the need for increased education and outreach to protect against new and emerging risks.  President Biden is right to emphasize the need for increased customer education and consumer protection, while combating illicit activity and safeguarding financial stability."