The U.S. Congress refused to allow the meta’s stable coin, Libra, even though it was a perfect form.

Recently, U.S. President Joe Biden issued an executive order requesting a review of digital currency (CBDC) research and development

The premise was that the dollar’s key currency system should never be touched.

As can be seen from the Terra incident, virtual assets are destroyed when they try to become substitutes for dollars.”

Rep. Yoon Chang-hyun of the People’s Power attended the NFT Meta Korea 2022 conference legislative debate held in Samseong-dong, Seoul on the 7th

He made the remarks while discussing the direction of the new government’s blockchain industry policy.

It is time for negative prospects for the virtual asset industry to rise due to unfavorable factors such as macroeconomic contraction and Tera-Luna plunge.

In order for the industry to survive and grow in the long run, it is necessary to set a direction so that it does not threaten the dollar’s position, which is the basis of the U.S. economic system.

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