Stop overpaying - start transferring money with Ogvio. Join the waitlist & grab early Rewards NOW! 🎁
Key Takeaways
Stop overpaying - start transferring money with Ogvio. Join the waitlist & grab early Rewards NOW! 🎁
On November 4, the Ethereum Protocol Advocacy Alliance (EPAA) was formed to help policymakers better understand Ethereum
According to the EPAA, past policy discussions have often favored centralized crypto companies. This has led to public blockchain technologies being misunderstood or not considered in the policymaking process.
The EPAA stated, "This imbalance has often left the principles and technologies underpinning on-chain infrastructure misunderstood or overlooked".
Did you know?
Subscribe - We publish new crypto explainer videos every week!
The Most Rewarding Play-to-Earn Project? BitDegree Explained (ANIMATED)
Several teams from the decentralized finance (DeFi) industry are part of this alliance. These include Aave
Each of these groups plays an important role in building and maintaining tools and services that run on Ethereum without relying on third-party control.
These organizations support more than $100 billion in assets through systems that do not rely on intermediaries. The group said it will use its experience to guide policy and offer practical regulatory ideas that reflect how decentralized systems operate.
The Ethereum Foundation, a long-standing part of the Ethereum network, supports this initiative. Tomasz K. Stańczak, the foundation's co-executive director, said the foundation supports this "community-led coordination on advocacy".
The Ethereum Foundation recently announced the launch of a new website, institutions.ethereum.org. What is the purpose of this site? Read the full story.
To ensure the highest level of accuracy & most up-to-date information, BitDegree.org is regularly audited & fact-checked by following strict editorial guidelines & review methodology.
Carefully selected industry experts contribute their real-life experience & expertise to BitDegree's content. Our extensive Web3 Expert Network is compiled of professionals from leading companies, research organizations and academia.