Solana co founder keep the next great American founder in America

Born in Soviet Ukraine, Yakovenko champions open technology but fears regulatory hurdles are pushing away blockchain innovators.

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He calls for a regulatory framework balancing consumer protection and entrepreneurship.

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Blockchain has sparked ambitious projects challenging industry giants, but compliance is costly, dissuading young U.S. founders.

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Yakovenko highlights a decline in U.S. open-source blockchain developers, emphasizing the need for regulatory clarity.

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He argues against punishing the whole industry for a few bad actors and seeks a framework that nurtures innovation and American values.

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Yakovenko applauds bipartisan efforts to create regulatory frameworks for digital assets and stablecoins.

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He urges government investment in blockchain R&D, like past tech innovations incubated by the U.S.

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His insights stress Congress and government's vital role in maintaining the U.S. as an innovation hub in the evolving blockchain industry.

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