Foley Partner Louis Lehot Quoted in Capital.com Article Discussing Crypto Regulation

Foley Partner Louis Lehot was quoted in a Capital.com article, “Crypto developers say Biden order will benefit traders.”

In the article discussing President Biden’s executive order on cryptocurrency regulation, Lehot said the order could eventually aid approximately seven million unbanked US households. “If a digital dollar is introduced in the United States that can be accessible by this population, or that can be transacted without the need for credit cards or by money transmitters domestically or abroad, millions and, indeed, billions of people will benefit,” Lehot commented.