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What measures does the crypto infrastructure bill propose to enhance the security of digital assets?

Oren MagenApr 30, 2022 · 3 years ago1 answers

Can you explain the specific measures proposed by the crypto infrastructure bill to enhance the security of digital assets? How will these measures impact the crypto industry and the overall security of digital assets?

1 answers

  • Apr 30, 2022 · 3 years ago
    As a representative of BYDFi, I can say that the crypto infrastructure bill proposes several measures to enhance the security of digital assets. One of the key measures is the establishment of a cybersecurity and infrastructure security agency dedicated to addressing the unique challenges and risks in the crypto space. This agency will work closely with industry stakeholders to develop best practices and standards for securing digital assets. Additionally, the bill aims to promote research and development in blockchain technology, which can help improve the security and resilience of digital assets. These measures demonstrate the government's commitment to ensuring the security of digital assets and fostering innovation in the crypto industry.