"US Parties Recognize the Importance of 'Virtual Assets'... Will Cooperate on Regulation and Industry Support"
Summary
- The Republican and Democratic parties in the US have acknowledged the importance of Virtual Assets and have pledged to cooperate on regulation and industry support.
- Global investment firm a16z emphasized that Virtual Assets and blockchain technology will provide significant opportunities for users.
- Both parties agree on the necessity of legal adjustments, regulatory frameworks, and maintaining technological leadership.
Both the Republican and Democratic parties in the United States recognize the importance of Virtual Assets (cryptocurrency) and are expected to cooperate in various areas such as regulatory frameworks, consumer protection, and more.
On the 4th (local time), global investment firm a16z stated in a research report that "both the Republican and Democratic parties acknowledge that Virtual Assets and blockchain technology will provide significant opportunities for users, creators, small businesses, and enterprises, and are highlighting this as a political support," emphasizing this point.
According to the report, both parties agree on the necessity of legal adjustments and clear regulatory frameworks, strengthening consumer protection, and maintaining the U.S.'s technological leadership, and they see cooperation as a way to resolve these issues.
YM Lee
20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
