The Chamber of Digital Commerce (CDC) recently submitted a response to the Office of Science and Technology Policy’s (OSTP) Request for Information (RFI) on digital assets research and development initiatives. The CDC is the world’s largest trade association representing the blockchain and digital asset industry.
In its response, the CDC outlined a number of recommendations for how the federal government can best support the development of digital assets. These recommendations included:
1. Establishing a Digital Assets Research and Development Fund to support research and development initiatives related to digital assets.
2. Creating a Digital Assets Regulatory Sandbox to provide a safe space for innovators to experiment with new technologies and business models.
3. Developing a Digital Assets Taxonomy to provide clarity on how digital assets should be classified and regulated.
4. Establishing a Digital Assets Advisory Council to provide guidance on digital assets policy and regulation.
5. Launching an Education and Outreach Program to increase public understanding of digital assets.
6. Promoting International Cooperation on Digital Assets to ensure that the U.S. remains at the forefront of digital asset innovation.
The CDC also emphasized the importance of public-private partnerships in order to ensure that the development of digital assets is done in a responsible and secure manner. The CDC’s response is part of a larger effort by the federal government to better understand and regulate digital assets.
The CDC’s response to the OSTP’s RFI highlights the importance of digital assets research and development initiatives and provides a roadmap for how the federal government can best support these initiatives. By taking these steps, the federal government can ensure that the U.S. remains at the forefront of digital asset innovation and that these technologies are developed in a responsible and secure manner.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here.
- Source: Plato Data Intelligence: PlatoAiStream
