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Blockchain Association Submits Comment on Commerce Proposed Rule for IaaS Providers

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Kristin Smith Chief Executive Officer at Blockchain Association | Official website

On April 29, 2024, the Blockchain Association made a significant move by submitting a comment to the Department of Commerce's proposed rule regarding measures to tackle malicious cyber-enabled activities. In the comment letter, the Blockchain Association highlighted the critical importance of addressing these activities that threaten national security.

In their statement, the Blockchain Association emphasized the severity of the issue, stating, "Malicious cyber-enabled activities pose a genuine threat to national security, and BA stands as a resource for regulators seeking to mitigate these risks."

The association's proactive approach to engaging with regulators and offering support in combating cyber threats demonstrates their commitment to promoting a secure digital environment. As stakeholders in the blockchain and technology industry, the Blockchain Association's input on such regulatory matters carries weight and expertise.

The full comment letter submitted by the Blockchain Association to the Department of Commerce can be accessed in PDF format for those interested in a detailed examination of their stance on the proposed rule.

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