A disappointed First-Ever comprehensive framework

Photo by arash payam on Unsplash

The US government published the “First-Ever” comprehensive framework for the responsible development of digital assets.

Here is a quick summary of the comprehensive framework:

Okay, I am kidding here, but what does the government try to offer of such a “First-Ever” framework then?

The framework layouts the 7 areas to be considered:

1. Protecting Consumers, Investors, and Businesses
2. Promoting Access to Safe, Affordable Financial Services
3. Fostering Financial Stability
4. Advancing Responsible Innovation
5. Reinforcing Our Global Financial Leadership and Competitiveness
6. Fighting Illicit Finance
7. Exploring a U.S. Central…