MITIGATING THE POLICY OF THE CONGRESS

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A positive report on the blockchain technology and cryptocurrency was introduced by the US Congress in the statement of the Joint Economic Committee. The government once again calls for a thorough study of blockchain technologies and the development of a regulatory framework. For this, it is necessary to open new opportunities for cryptocurrencies and give them a chance to prosper in the country. Despite the problems associated with cyber threats, risks and price volatility, the report details the advantages of blockchain technology, describes the positive experience of applying technology in such areas as healthcare, utilities, and retail. Also, experts note that a cryptocurrency with a limited supply of coins is a real alternative to Fiat.

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