CandleFocus

Decentralization Is Why We Fight for Crypto

Author: Content Editor
The crypto industry in the United States has successfully fought for survival over the past four years, but now faces the challenge of shaping legislation and policies for the future. Decentralization, or the distribution of control and decision-making, is at the core of blockchain technologies and offers benefits such as choice, transparency, security, and resilience. By enshrining decentralization in law, the industry can guard against centralized companies dominating the blockchain ecosystem, reward founders and builders for creating public infrastructure, and protect consumers and promote long-term investment. In order to incentivize decentralization, a new regulatory framework is needed that reduces regulatory burdens and enables broader market access for decentralized projects. This approach will foster innovation, accelerate the progress of decentralized technologies, and ensure the success of the crypto ecosystem in the U.S.

Related News