The digital belongings business has a big accountability to proper the ship following FTX’s collapse, however Washington, D.C., has a accountability as properly. For digital asset innovation to profit the economic system and common People, it have to be taken off the desk within the partisan meals battle. These on the suitable who see cryptocurrency as a method to starve the federal government beast and people on the left desperate to smear real monetary innovation as a mere Ponzi scheme have forestalled desperately wanted bipartisan compromise. Digital belongings aren’t going away. They will’t be banned virtually. Policymakers ought to acknowledge the undercurrents of digitization and tokenization within the economic system as an alternative of wishing digital belongings would simply go away.
