The Blockchain Association, an encryption industry lobby group, was asked by the U.S. Office of Science and Technology Policy to submit a report on how to deal with the digital asset economy. Not caused by Bitcoin’s underlying encryption; need to use peer-reviewed, verifiable data when discussing emissions and climate impacts of crypto mining; benefits of central bank digital currency (CBDC) unclear; federal regulation proposed Some proactive things that agencies and Congress should be focusing on right now include legislation to address centralized stablecoin issuers, among others.