The U.S. Chamber of Commerce (the Chamber) appreciates the opportunity to comment on the International Trade Administration’s (ITA) request for comment on “Developing a Framework on Competitiveness of Digital Asset Technologies” (the RFC). The RFC was issued in response to the March 9, 2022, Executive Order on “Ensuring Responsible Development of Digital Assets” (the Executive Order), which outlines numerous policy objectives, and tasks various offices in the executive branch and independent agencies with developing research and recommendations. The Chamber generally supports the stated goals of the Executive Order. A year before the Executive Order was published, we publicly suggested, “A White House task force could help set the direction for reducing impediments to technological progress while ensuring that vital consumer and investor protections are not compromised. And it could collaborate with regulatory agencies and Congress and help coordinate national-level priorities designed to maintain the country’s global innovation leadership.”
