Unlocking the Potential of Web3: US Governments Role in Fostering Innovation and Decentralization

The U.S. government can promote web3 innovation and decentralization by implementing specific measures without new legislation. These steps include prioritizing competition and innovation, clarifying digital asset regulations, removing unnecessary intermediaries, enhancing transparency and engagement, encouraging government use of crypto, providing specialized training for government employees, and supporting blockchain research and privacy technologies.

These steps can help the U.S. maintain its position as a leader in the cryptocurrency and blockchain sectors.

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