Digital assets group outlines blockchain policy goals

Yahoo26-03-2025

A group at the forefront of advocacy for the digital assets industry released a report on Tuesday outlining policy objectives for supporting the blockchain industry.
The Digital Chamber's "U.S. Blockchain Roadmap" features six pillars for how digital assets can be used to put the U.S. in a leadership role for blockchain technology while strengthening the economy and financial system.
"This is not just about making the U.S. the leader in blockchain technology, it's also recognizing that blockchain is an advanced technology and its potential benefits," Perianne Boring, founder and chair of The Digital Chamber, told FOX Business in an interview. "This technology can bring real benefits to the U.S. economic and financial system if we do this correctly."
The roadmap includes a call for the enactment of the BITCOIN Act, which would establish a U.S. strategic bitcoin reserve to help shore up the federal balance sheet, as well as promote the use of stablecoins based on the U.S. dollar and create bitcoin-backed Treasury securities.
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Boring and The Digital Chamber recommended that the bitcoin reserve be separated from other cryptocurrencies that President Donald Trump has suggested, including in a reserve alongside bitcoin, arguing that the crypto assets serve different functions.
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"It's important to recognize that these other cryptocurrencies, they're very different than bitcoin, they're not digital gold," Boring said. "Most of them are smart contract networks, they're an open source platform to create decentralized applications, so that's a very, very different use case than digital gold."
"We're calling to separate those two things out – you have bitcoin in its own separate fund for its own separate use, where the crypto fund would be for research and development, because you need access to these cryptocurrencies to be able to innovate, build, develop on the networks," Boring said.
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The Digital Chamber added that the research and development fund would enable the use of those digital platforms to help monitor federal spending in real time and streamline other government processes.
"One of the things that I've felt pretty strongly about is that government spending should be put on a blockchain, on an unalterable, 100% verifiable, publicly auditable ledger, so you can track the spending a lot more efficiently and use that to prevent fraud and abuse in the future," Boring said.
"We're calling for a research and development fund where the government should be studying the benefits of blockchain infrastructure for the use of different types of government programs, and I think DOGE is a great example, but there's probably many others."
Congress is expected to work on developing market structure legislation that would create and clarify regulatory frameworks for digital assets in the near future, and The Digital Chamber's roadmap highlighted three key areas to establish clarity for the industry.
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These include establishing clear jurisdictional boundaries between the Securities and Exchange Commission and the Commodity Futures Trading Commission over digital assets; developing a self-regulatory organization for digital assets to coordinate with federal regulators; and establishing guidelines for tokenized assets in capital markets, real estate and corporate finance to spur investment and adoption.
In the time since The Digital Chamber's last blockchain action plan was released in 2019, Boring said that the importance of keeping blockchain networks open source and free of censorship to promote financial freedom and decentralization is one area of digital assets policy that has emerged in importance since then.
"It's really important as we're building out blockchain infrastructure that we're not jeopardizing the integrity of blockchain networks," she explained. "These are open-source, decentralized software networks. So any attempt to infringe on that open-source nature will not only jeopardize the integrity of these networks, like the security of them, but it also can infringe on the constitutional rights of Americans."
"There have been attempts to try to censor blockchain networks or to put different types of regulatory and compliance obligations on the technology itself that would essentially make it illegal to use these technologies here in the U.S.," Boring said.
Other components of The Digital Chamber's recommendations include protecting and fostering bitcoin mining in the U.S., which it argues helps strengthen the resiliency of the electric grid, as well as modernizing the banking system to more easily include digital assets.Original article source: Digital assets group outlines blockchain policy goals

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Water expert warns Americans of ‘chemical cocktail' in dangerous chemically-tainted tap water

New York Post

15 hours ago

New York Post

Water expert warns Americans of ‘chemical cocktail' in dangerous chemically-tainted tap water

Amid unbearable temperatures and seasonal changes, children and adults should increase their water intake, but are advised to avoid unfiltered tap and bottled water as much as possible, according to a water technology and sustainability expert. 'The whole reason our company exists is because we have a fundamental crisis in our drinking water in the United States today, and not a lot of people are talking about it,' Rich 'Raz' Razgaitis, CEO of FloWater, told FOX Business. Advertisement Raz, formerly of Fortune 500 companies and global pharmaceutical leaders Johnson & Johnson and Eli Lilly, co-founded FloWater 12 years ago to restore America's drinking water. America's water infrastructure is underfunded and outdated. In 2023, the EPA determined that the U.S.'s water infrastructure requires $625 billion over a 20-year period to address the issues, according to the Infrastructure Report Card. 'From the governmental side, whether it's federal or municipal, nobody can solve our infrastructure issues in one or two terms,' Raz said. 'So, it's a hot potato. Nobody wants to talk about this and amplify what the problem is.' 'A lot of companies are profiting off of a really broken water infrastructure.' Advertisement 5 Amid unbearable temperatures and seasonal changes, children and adults should increase their water intake, but are advised to avoid unfiltered tap and bottled water, according to experts. MediaNews Group via Getty Images Raz told FOX Business that consumer packaged goods companies, especially big beverage brands and energy drink companies, are capitalizing on impressionable young adults and fighting for kids' mindshare. 'I got personally passionate about this, watching my daughters at a young age get, what I would say is, programmed in the same way that I got programmed growing up by becoming really fixated on sugary, caffeinated drinks,' Raz said. 'This is a real problem because it creates lifelong behaviors, addictions, and dependencies that ultimately lead to cataclysmic choices downstream.' Advertisement 5 America's water infrastructure is underfunded and outdated, according to reports. Bloomberg via Getty Images Raz said choosing between unfiltered tap water and bottled drinking water is like comparing cigarettes. 'Seventy thousand to eighty thousand chemicals have been submitted to the toxicology division of the EPA over the last many decades,' Raz said. 'There are an estimated 50,000 chemicals in use in the United States today. Those chemicals are used for things like pharmaceutical manufacturing, textile manufacturing, agricultural use, and ultimately, fewer than 100 of those roughly 50,000 chemicals in use in the United States today are regulated by the Safe Drinking Water Act of 1974, which has hardly been updated since 1974.' 'We're literally drinking a chemical cocktail,' Raz said. Advertisement 5 'From the governmental side, whether it's federal or municipal, nobody can solve our infrastructure issues in one or two terms,' Rich 'Raz' Razgaitis, CEO of FloWater, said. 'So, it's a hot potato. Nobody wants to talk about this and amplify what the problem is.' luchschenF – In summary, the SDWA was established to protect water quality from common contaminants and was later amended and reauthorized in 1986 and 1996, according to the EPA website. Raz, however, told FOX Business that roughly 70% of Americans don't like or don't trust tap water, so they resort to bottled water, which is riddled with micro- and nanoplastic contaminants. 'Our job is really to stop that cycle,' he said of FloWater. FloWater, a purified drinking water system, is used to enhance both the taste and effects of drinking water. Raz founded the brand to get adults and children to fall in love with water again. Start and end your day informed with our newsletters Morning Report and Evening Update: Your source for today's top stories Thanks for signing up! Enter your email address Please provide a valid email address. By clicking above you agree to the Terms of Use and Privacy Policy. Never miss a story. Check out more newsletters 'The way that we do that is by taking the water that municipal systems deliver, which they do the best job they can possibly do given the decades of contamination that have happened in our drinking water,' Raz said. 'Then, we add a purification device onto that that radically changes that tap water. It reduces the bad stuff and puts good things in there, delivering what people say is the world's best-tasting water.' While Raz encourages offices, gyms, school districts, and other public places to provide people with FloWater systems that cost around $5 per month, he isn't particular about what system is used, as long as one is offered to consumers. Advertisement The FloWater website offers a water analysis feature for all zip codes in the U.S. to determine what exactly is in their tap water. 5 Raz said that roughly 70% of Americans don't like or don't trust tap water, so they resort to bottled water, which is riddled with micro- and nanoplastic contaminants. NurPhoto via Getty Images 'There are over 200 million Americans estimated to be drinking water from the tap with PFAS in it,' Raz said. PFAS, or per- and polyfluoroalkyl substances, are widely used, long-lasting chemicals, components of which break down very slowly over time. There are thousands of them found in commercial, consumer and industrial products, according to the EPA website. Advertisement 'Over 56% of Americans have been drinking tap water with lead in it,' Raz said. He added that microplastics found in bottled water become nanoplastics because they don't biodegrade, and individuals consume about one credit card's worth of plastic every week. 5 Raz continued to say that consumer packaged goods companies, especially big beverage brands and energy drink companies, are capitalizing on impressionable young adults and fighting for kids' mindshare. Education Images/Universal Images Group via Getty Images 'The people that don't like that problem solved are people selling consumer packaged goods that are wrapped in plastic and distributed,' Raz told FOX Business. Advertisement For homeowners who don't have access to FloWater, Raz recommends a system with a triple filter and reverse osmosis, a membrane that is impervious to contaminants and removes them down to .0001 microns, according to Raz. Homeowners should have a system with a mineral filter that includes calcium, potassium, magnesium and sodium for the countertop or under the sink. Systems for the home can cost anywhere from a few hundred dollars to $2,000.