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 Bank Digital Currency (CBDC)

Let's dive in and see how the government really tries to accomplish here:

Protecting Consumers, Investors, and Businesses

This argument builds on top of centralized entities.

Rather than hunting criminals, the government should provide education on crypto to the general public and catch up on regulations on centralized digital asset companies.

Promoting Access to Safe, Affordable Financial Services

The government needs to promote innovation that makes financial services affordable.

Fostering Financial Stability

The government should provide clear distinguishment between centralization and decentralization.

Advancing Responsible Innovation

To make innovation accountable, the government needs to be self-accountable first.

Reinforcing Our Global Financial Leadership and Competitiveness

This is not limited to countries but working with crypto organizations to promote decentralization accountability.

Fighting Illicit Finance

The government must provide a security framework for digital assets beyond what it regulates in banks.

Exploring a U.S. Central Bank Digital Currency (CBDC)

The government needs to emphasize the dangerous surveillance of its citizens to prevent becoming a surveillance state in the future.

In conclusion

This is a good starting point to discuss what makes digital assets accessible to citizens and what the government can do to improve the experience for its citizens.

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