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Welcome everyone to the CNBC special crypto night in America. I'm Carl

Sonderitus Muklai proves that a tremendous power is obtained in the

world by hundreds of thousands of episode and investmentimizi.

maintaining US leadership in global finance, and then some discussion of the risks and

protecting investors, protecting markets, protecting financial stability.

Was that, I imagine that's not a coincidence?

Carl, that's so well put.

That was exactly the purpose of the President's executive order.

It was intended to promote innovation in the digital asset space while balancing the

benefits and the risks.

And it really did that in three ways.

First, it provides an overall framework to bring together various elements of the US government,

the expertise and their authorities in a holistic way.

Second, it authorizes an ask for study on a potential central bank digital currency.

The US government issuing its own currency.

And then, if that is deemed to be valuable, lays in place the design of how that would

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