Will Congress Help US Reclaim ‘Leadership Role’ In Blockchain?

As blockchain technology moves further into mainstream finance, Anthony Moro, CEO of Provenance Blockchain Labs, calls for regulatory clarity to position the U.S. as a leader in the digital asset arena. Moro, who will speak at the upcoming Benzinga Future of Digital Assets event, discussed the urgent need for updated regulations that directly address blockchain and digital assets.

Congressional Role in Blockchain Policy

Moro noted that while traditional financial regulations remain in place, they often fail to include blockchain terminology or adequately address the technology’s capabilities. “Congress has several critical tasks to tackle to ensure the U.S. regains a leadership role when it comes to Web 3.0, crypto, and blockchain technology,” Moro said.

He highlighted that conflicting standards can hold back blockchain integration, …

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