Pro-Innovation Framework

Definition ∞ A pro-innovation framework refers to a set of policies, regulations, and governmental approaches specifically designed to foster technological advancement and economic growth within emerging sectors. Such a framework aims to strike a balance between necessary regulatory oversight and flexibility, allowing new technologies to develop without undue burden. It typically encourages experimentation and adaptive governance.
Context ∞ Discussions surrounding a pro-innovation framework are prevalent in crypto news, as governments globally seek to regulate digital assets without stifling technological development. Reports often highlight countries or regions adopting such frameworks to attract blockchain companies and talent. These initiatives aim to position jurisdictions as leaders in the digital economy by supporting responsible innovation.