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The Blockchain Association has published its “consensual position” on the structure policies of the digital market in a context of optimism of legislative / regulatory progress of a pro-Crypto congress and the renovated dry.
The advocacy group made them with the help of its 100 member companies and more.
The 12 points are not exactly revolutionary; We have already heard them. But I could see that this was useful for legislators and regulators needing a refreshment of priorities.
A bullet calls for a regulatory framework that positions the United States as the “favorite center” for investment and technological progress. Another seeks to protect the right to digital auto-leather assets using non-guardian wallets.
Further: “Politicians must be carefully designed to avoid promoting specific solutions and focus on regulating specific activities rather than fundamental infrastructure.”
Then, there is a stress that open source software developers should be protected from responsibility when the software is used by separate and bad actors. Does that remind someone else the saga in species of tornado?
Another point with a clear link with the past is to ensure that there are clear classifications for tokens – “delimit titles, basic products and other types of active ingredients”.
You may remember Gary Gensler did not answer if Eth is a commodity or security. Or legal proceedings of the dry against Coinbase and Binance for alleged violations of titles. The agency earlier this month made ahead with a call in its business against Ripple … and the list is long.
The new working group on the dry crypto seems to be a step towards change, but what the cryptographic legislation designed by the congress ends up resembling will be the key. The main thing: legislators might want to read these principles.
