The US Senate decision aims to position America as a leader in blockchain, reflecting a shift in Administration’s stance on crypto, influenced by Trump.
Author: Chirag Sharma
The US Senate is making a significant move towards integrating blockchain technology into national security. This decision aims to position America as a leader in blockchain, reflecting a shift in the Biden Administration’s stance on crypto, influenced by Trump’s campaign. The news comes as a big positive for Blockchain and Crypto enthusiasts who are surrounded with negative Bitcoin updates from Germany lately
The primary focus is to ensure:
These objectives are aimed at enhancing the cryptographic integrity of the US national defense system.
By April 1st, Secretary of Defense Lloyd Austin must:
The US Senate believes blockchain technology can:
With other countries like China and Russia advancing in blockchain research, the US Senate wants to keep up and potentially surpass them. This urgency reflects America’s drive to maintain its global technological leadership.
The crypto industry largely supports Trump’s election campaign, as he promises to support Bitcoin mining in America if elected. This political dynamic is contributing to the changing landscape of crypto regulation and adoption in the US.
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