National Security at Stake With Biden's Crypto Executive Order

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In the '90s, the Clinton Administration embraced sensible regulation of the internet. As Biden issues an executive order on crypto, it should learn the lessons. Opinion by CEO inca_digital AdamZarazinski, a Major in the U.S. Air Force Reserve

Adam Zarazinski is CEO of Inca Digital, a digital asset data and analytics provider for cryptocurrency exchanges, financial institutions and government agencies, including the Department of Defense. He is a Major in the U.S. Air Force Reserve.will soon issue an executive order directing agencies across the federal government to conduct a risk analysis and, ultimately, a coordinated approach to digital assets as a matter of national security.

All of these pose risks to U.S. national security, and federal agencies need to have better tools to understand how digital assets operate and how to leverage their jurisdictional authority over digital asset markets globally.Digital assets also present an opportunity for national security. They can reduce the wealth gap by cutting global transaction costs. They allow people, globally and regardless of socioeconomic status, control over their own money.

“Innovation … broader participation and lower prices will arise in a market-driven arena.” If the administration focuses on a market-driven approach, in particular where there are partnerships between the private sector and public sector to manage risk and share best practices, innovation will thrive, and lower prices with broader financial participation will result.

“The genius and explosive success of the internet can be attributed in part to its decentralized nature and to its tradition of bottom-up governance. These same characteristics pose significant logistical and technological challenges to existing regulatory models, and governments should tailor their policies accordingly.

 

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jchervinsky inca_digital AdamZarazinski they're likely to really do us great harm if we don't expose it quickly, sadly this is turning into a game of attrition, pretty sure only way we win is if we educate as many representatives as possible about exactly how web 3 works

inca_digital AdamZarazinski It's good to regulate some situations, so people will not lose their usdt because of scammers

inca_digital AdamZarazinski ShibaMinato is friend of cz_binance and Jay_OKX . He is going to launch his own token on all blockchains mainly on eth known as Minato_Kanji .V have so many utility in developmnt & v r going main stream very soon.U just have to buy & hold shiba22 to become financially free

inca_digital AdamZarazinski ⭕❌

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