After a comprehensive analysis of the current state of regulations, the ecosystem, and potentials, Joint Economic Committee Report recommands:
- Policymakers and the public should become more familiar with digital currencies and other uses of blockchain technologies, which have a wide range of future application.
- Regulators should continue to coordinating with each other to guarantee coherent policy frameworks, definitions, and jurisdictions.
- Policymakers, regulators, and entrepreneurs should work together to ensure developers can quickly deploy blockchain technology to protect Americans from fraud, theft, and abuse, while ensuring compliance with relevant regulations.
- Government agencies at all levels should consider and examine new uses for blockchain technology to help make the government function more efficiently.