Digital Assets hearing latest – sufficiently decentralized tokens may still avoid security label

The House Financial Services hearing on “The Future of Digital Assets” contained a wealth of information on the potential future of the digital asset space in the United States.
Following the recent SEC lawsuits against Binance and Coinbase, the industry has feared for the future of web3 within the U.S. due to the listing of several top crypto projects, including Cardano, Solana, and Polygon, in the cases against the crypto exchanges.
The recent release of the Hinman emails suggests that such clarification would be impactful for Ethereum, which has been previously assessed to be ‘sufficiently decentralized.’
“Nearly 15 years since the Bitcoin whitepaper, an idea has become the new internet architecture, with ownership, digital identity, and value storage native to technology.
Digital assets are now no longer a new technology, they are used all over the world, and America has always led technology invention and, if not invention, implementation, and today we’re at risk of fa

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