Odaily Planet Daily News: Against the backdrop of optimism about the legislative/regulatory progress of Congress supporting cryptocurrencies and the restructured US SEC, the Blockchain Association has announced its "consensus stance" on digital market structural policies. The advocacy organization has developed 12 recommendations with the help of its over 100 member companies. One of the recommendations calls for the establishment of a regulatory framework that positions the United States as the "preferred center" for investment and technological progress, while another seeks to protect the right to self manage digital assets using non custodial wallets.
We believe that effective encryption policies require innovation and respect for user security. Our primary principles are competition and consumer protection: promoting business growth in the United States while ensuring strong market safeguards and standardized disclosure.
Intelligent and applicable regulation must be precise. Our scope and infrastructure principles emphasize a focus on financial activities while protecting the underlying blockchain technology. Innovation needs to protect builders and users. Our principles support both open source developers and network participants - ensuring the responsibility protection of code creators and contributors, while maintaining broad participation in unlicensed networks.
Digital assets are a global technology. Our principles apply to both international markets and decentralized applications - reducing cross-border friction while establishing appropriate frameworks for unmanaged software.
Clear rules promote growth. Our token classification and custody principles establish a framework for different asset types, while protecting individual self custody rights and institutional custody solutions.
Finally, implementation is crucial. Our principles of pledge and regulatory transition provide pathways for existing and emerging business models, while supporting cybersecurity and ensuring orderly market development
