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by gaetanrickter 3061 days ago
In the conclusion:

"Distributed ledger and other emerging technologies have the potential to further influence and improve the capital markets and the financial services industry. Businesses, especially smaller businesses without efficient access to traditional capital markets, can be aided by financial technology in raising capital to establish and finance their operations, thereby allowing them to be more competitive both domestically and globally. And these technological innovations can provide investors with new pportunities to offer support and capital to novel concepts and ideas."

"Said simply, we should embrace the pursuit of technological advancement, as well as new and innovative techniques for capital raising, but not at the expense of the principles undermining our well-founded and proven approach to protecting investors and markets."

All things considered, this is a positive outcome for crypto making it an even better investment.

1 comments

The whole document seemed to have a positive supportive tone. I'm glad there are still some smart people left in government who are willing to take risks on new technology.

I really hope the do the same with automated cars and other AI tech in general.