Strengthening American leadership in digital financial technology – the White House –

(b) The term “blockchain” describes every technology in which data is:

(i) divided via a network in a network to create a public general book of verified transactions or information among network participants;

(ii) linked to cryptography in order to maintain the integrity of the public main register and to carry out other functions;

(iii) distributed to automated network participants on the network participants in order to update the participants of the networks at the same time in the state of the public and all other functions; And

(IV) from publicly available source code.

(c) “Digital currency of the central bank” refers to a form of digital money or monetary value that has been deflected to the national account unit, i.e. direct liability of the central bank.

(c) All guidelines, guidelines and instructions that were granted in accordance with the Executive Ordinance 14067 and the framework of the Ministry of Finance for International Commitment to digital assets are not agreed with the provisions of this order.

(d) The finance minister fulfills all suitable measures to ensure compliance with the guidelines specified in this command.

(i) The Secretary of the Ministry of Finance;

(II) Attorney General;

(iii) the Minister of Commerce;

(IV) The secretary of the home protection;

(v) Director of the Office for Management and Budget;

(VI) The President of the President of National Safety Matters;

(VII) The President of the President of National Economic Policy (APEP);

(VIII) The President of the President of Science and Technology;

(IX) The advisor to the home protection;

(X) The chairman of the Securities and Exchange Commission; And

(XI) The Chairman of the Commodity Future Trading

Commission.

(XII) Accordingly and in accordance with the applicable law, the chairman can invite the heads of other executive departments and agencies (agencies) or other high -ranking civil servants within the president’s executive office in order to participate in the sessions of the working group, based on the relevance for their specialist knowledge and their responsibilities.

(c) Within 180 days after the date of this arrangement, the working group submits a report on the APEP to the President, which recommend regulatory and legislative proposals that promote the guidelines specified in this command. In particular, the report focuses on the following:

(i) The working group proposes a federal regulatory framework for the output and operation of digital assets, including stable coins, in the USA. The working group report takes into account provisions for market structure, supervision, consumer protection and risk management.

(II) The working group evaluates the potential creation and maintenance of a national digital wealth value and proposes criteria for the establishment of such an inventory, which may be derived from cryptocurrencies that the Federal Government is legally confiscated by its law enforcement efforts.

(e) Accordingly and in accordance with the law, the working group holds public hearings and receives individual expertise from managers in digital assets and digital markets.