Carol House, one of the designers of President Biden’s 2022 executive order on cryptocurrency, has returned to the White House as the Special Advisor for Cybersecurity and Critical Infrastructure Policy. This return marks her arrival at a critical point impacting the Biden Administration’s digital economic policies.
Originally responsible for cybersecurity and safe digital innovation at the White House, House posted her new LinkedIn profile on June 24. She underlined the relevance of the mission by stressing on improving the security and confidenceworthiness of the digital economy.
Crypto Executive Order Highlights Government’s Digital Asset Control
Published in March 2022, President Biden’s executive order on cryptocurrency aimed at continuous coordination of government agency control of digital assets. The series stressed the need to use the probable benefits of cryptocurrency and manage the related risks.
According to a White House news release, the study sought to examine the feasibility of a U.S. central bank digital currency (CBDC) and manage the problems of illegal finance and national security risks created by digital assets.
The co-author of the presidential order, House, said in an interview that it was a sensible approach given the necessity of solving present legal loopholes in the Bitcoin industry.
Her return to the White House National Security Council symbolizes a fresh will to strengthen cybersecurity and critical infrastructure policy in the evolving digital economy.
