The United States has a history of innovation, from railroads to the internet, with entrepreneurs driving advancements in technology. This trend is expected to continue with cryptocurrency. A report by The Working Group suggests that digital assets and blockchain technologies can transform not just the US financial system but also global systems of ownership and governance.
The authors support American entrepreneurs who develop new industries using these technologies, advocating for clear policies that facilitate their efforts and recognition for their progress. They believe the grassroots movement behind cryptocurrency deserves greater acknowledgment, particularly from previous administrations.
The report encourages the federal government to adopt a pro-innovation mindset towards digital assets and blockchain technologies, as promised by President Trump’s goal to make America the “crypto capital of the world.” Implementing these core recommendations could establish cryptocurrency as a key aspect of the new American Golden Age.
Source: https://www.whitehouse.gov/crypto