Yellen to outline framework for digital asset regulatory policy in speech

Digital assets will be the subject of a speech this week by Treasury Secretary Janet Yellen, in which she will make the case for a regulatory policy addressing the financial vehicles, the agency said in a media advisory issued Tuesday.

According to Treasury, Yellen’s Thursday (April 7) address will call for a “consistent and comprehensive policy framework that promotes responsible innovation of digital assets and appropriately assesses and mitigates the risks they may pose.”

The Treasury secretary will also discuss principles that will guide her agency’s approach to digital asset policymaking. She will also address Treasury’s work as part of President Joe Biden’s (D) executive order, “Ensuring Responsible Development of Digital Assets.”

The speech is set for 10:30 a.m. Thursday; it will be delivered at the American University’s Kogod School of Business Center for Innovation, 3501 Nebraska Avenue N.W., Washington.

This event is available via livestream. It is open to the press, who must RSVP to by noon Wednesday (April 6) to receive arrival and set-up instructions.