Technology neutral describes a regulatory or policy approach that avoids favoring or discriminating against specific technologies, instead focusing on the outcomes or functions they achieve. In the context of digital assets, a technology-neutral stance means regulations apply equally to all forms of digital value transfer or asset creation, regardless of the underlying blockchain protocol or cryptographic method employed. This approach seeks to foster innovation by not stifling new developments.
Context
News often discusses calls from industry leaders and policymakers for technology-neutral regulations to prevent stifling innovation in the digital asset space. The ongoing debate centers on how to effectively apply existing financial laws to rapidly evolving blockchain technologies without imposing undue burdens or creating loopholes. Future developments involve crafting adaptable legal frameworks that can accommodate diverse technological advancements while upholding regulatory objectives.
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