The recent White House Crypto Summit, while perhaps not delivering the seismic policy shifts some anticipated, marked a pivotal moment in the relationship between the U.S. government and the burgeoning digital asset industry. The Summit showcased both the strengths and limitations of government involvement. While some expected more in terms of clear-cut directives, what we saw instead was something arguably more valuable—a symbolic celebration of openness, a tacit acknowledgment of the indust...

There is a precedent for the upcoming White House-led heavy hand in technology direction and influence. In 1997, President Clinton recognized the importance of Internet commerce as an emerging arena and appointed Ira Magaziner as the e-commerce czar. Magaziner drafted the famous manifesto, The Framework for Global Electronic Commerce which set the wheels in motion for a swift adoption of e-commerce and the ensuing US global leadership in the era of Internet Commerce. The notable tenets of thi...