New York City Bar Association Podcast

Two legal experts, Tiffany Smith from WilmerHale and Stuart Levi from Skadden Arps, analyze President Trump's January 23rd, 2025 Executive Order on Strengthening American Leadership in Digital Financial Technology. They compare it with President Biden's previous executive order, discussing the balance between innovation and risk, potential impacts on the digital assets industry, regulatory clarifications, and international competition. The experts also emphasize the need for balanced, cautious optimism while engaging with both federal and state regulators.

If you’re interested in learning more about cryptocurrency and regulatory treatment of digital financial technology, join us for the City Bar’s Crypto Institute on March 11 (https://services.nycbar.org/Institute/ and available thereafter on-demand). Visit nycbar.org/events to find all of the most up-to-date information about our upcoming programs and events.

Strengthening American Leadership in Digital Financial Technology: https://www.whitehouse.gov/presidential-actions/2025/01/strengthening-american-leadership-in-digital-financial-technology/

00:29 Overview of President Trump's Executive Order
06:36 Discussion on Regulatory Environment
09:47 Advice for Stakeholders and Lawyers
22:24 State-Level Responses to Executive Order
28:28 International Perspective on Digital Assets
33:17 Policy Debate on Digital Asset Laws
37:23 Comparing Biden and Trump Administration Approaches
40:17 Future of Digital Asset Regulation
51:46 Conclusion and Closing Remarks