Framework

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In November 2021, non‑state issued digital assets reached a combined market capitalization of $3 trillion, up from approximately $14 billion in early November 2016.  Several global monetary authorities are exploring, and in some cases introducing, central bank digital currencies (CBDCs).  On March 9, 2022, President Biden issued an executive order to mandate multiple reports and…

On December 5, 2017, NIST published a revised version of the NIST Cybersecurity Framework (i.e., Draft 2 of Version 1.1) (“Framework”).  According to NIST, Version 1.1 of the Framework refines, clarifies, and enhances Version 1.0 of the Framework issued in February 2014, and the recently published Draft 2 of Version 1.1 is informed by over…