Juno Pang, General Counsel at TON Foundation, believes the newly passed Financial Innovation and Technology for the 21st Century Act (FIT21) is a positive step for Web3 and the blockchain industry. FIT21 establishes clear standards for what makes a blockchain decentralized, outlining a five-prong test that assesses governance, token distribution, code stability, promotion, and token creation. To dive deeper, check out this blog post ➡️
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