Why US Policymakers Should Embrace Web 3

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This new technology of digital infrastructure may assist understand targets which have lengthy eluded policymakers, resembling increasing entry to shopper finance merchandise, lowering the price of capital, enabling capital formation for small companies worldwide and enhancing compliance by way of simple, instantaneous auditability. Policymakers will nonetheless must develop considerate regulatory frameworks on this house that shield customers from unhealthy actors and make sure the stability and integrity of our monetary system. However, if we’re considered in how we incubate these instruments, we will usher in a brand new renaissance of financial alternative.