Learn From Biden’s Digital Asset Executive Order: Opportunities and Challenges Ahead for Digital Finance in Taiwan

Learn From Biden’s Digital Asset Executive Order: Opportunities and Challenges Ahead for Digital Finance in Taiwan

U.S. President Joe Biden signed the Executive Order on Ensuring Responsible Development of Digital Assets this March, laying out a national policy for digital assets across six key priorities: consumer and investor protection; financial stability; illicit finance; U.S. leadership in the global financial system and economic competitiveness; financial inclusion; and responsible innovation.  The Order also required 20 Federal agencies to develop evaluation reports or draft legislation within dedicated deadlines exploring U.S. Central Bank Digital Currency (CBDC) and the economic & social impacts of digital assets.

As set forth in the Order, the term “digital assets” is the umbrella term that refers to CBDC in various forms, digital financial assets provided through distributed ledger technology, as well as digital tools for payment, investment or funds exchanges.

Due to the extensive and long-term impact of digital assets in the United States and the world, the Biden administration requested the Assistant to the President for National Security Affairs (APNSA) and the Assistant to the President for Economic Policy (APEP) to coordinate an array of federal agencies to conduct comprehensive analysis and to issue reports and recommendations on potential regulatory or legislative actions concerning digital assets.  

Biden’s digital asset policy has shown that, digital assets like cryptocurrencies and CBDC are irresistible, and the US government wants to take the lead in the field.  Taiwan government began studying about digital assets regulations in recent years.  However, very little attention was put in the issues regarding cross-department coordination.

This panel will have different stakeholders to discuss the difficulties and opportunities Taiwan may face when developing its digital assets plans.  More importantly, the panel will address issues how public-private partnership will help to shape a digital financial market that serves the greatest public interests.

This event is co-organized withLINE - 维基百科,自由的百科全书

Time: 2022/8/29 02:00-04:00PM

Venue: IEAT International Conference Center Meeting 8F Room 2 (No. 350, Songjiang Road, Zhongshan District, Taipei City)

Moderator:
•Eric Hung, Professor of International Law at National Taiwan Ocean University

Panelist:
•Yueh-Ping (Alex) Yang, Assistant professor at National Taiwan University Law School
•Ping-Chi Li, Prosecutor of Taiwan NewTaipei District Prosecutors Office
•Eugene Lim, Head of Private Wealth, Matrixport