A new bipartisan bill wants to ensure the next century of tech is written in America

The Promoting Innovation in Blockchain Development Act is a bipartisan effort to safeguard software developers working with blockchain technology from being misconstrued under laws designed for money laundering. The bill recognizes that open-source development is crucial for innovation and that a clear regulatory environment is essential to attract and retain talent. The article argues that, like previous eras defined by infrastructure such as canals and the internet, the next century will be defined by code, and the US must foster an environment where developers choose to build. The piece highlights the growth of ecosystems like Solana as examples of how attractive infrastructure draws developers, and notes a positive shift in the SEC's approach under Chairman Paul Atkins towards engagement and clarity. Ultimately, the article emphasizes that the US must lead in the development of digital financial infrastructure, or risk losing talent and capital to other nations.

(Source：CoinDesk)