The Merkle: NuGenesis Comprehensive 2-part Review of proposed amendment of the Federal Reserve Act (Part 1) Featured
The “Digital Asset Market Structure and Investor Protection Bill” makes a comprehensive regulation of the crypto industry. It is inevitable. There is much to complain about. However, what it does signal is that distributed ledger technology has come of age. It is no longer the domain of geeks, anarchists or those thumbing their nose to bank oligopolies. It is mainstream, and the US Government is telling the world, “Governments want in” on the action. The Federal Reserve Act is proposed to be amended to provide the Federal Reserve System “is authorised to use distributed ledger technology for the creation, distribution
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