**News**

- US Congress holds hearings with SEC Chairman Gary Gensler in an effort to better regulate the digital economy.

- The importance of decentralized AI, which intersects with blockchain, is often overlooked.

- Lawmakers may mistakenly include decentralized AI in cryptocurrency and AI laws, which could stifle innovation.

- Decentralized AI allows data and computation to be distributed across multiple devices, reducing costs and increasing accessibility.

- Congress needs to create separate rules for decentralized AI to support small businesses and universities and prevent large corporations from monopolizing AI.