Assessing if Hedera’s U.S. presentation can wind down crypto regulatory heat

ambcrypto.com:

Hedera [HBAR] , the decentralized enterprise-grade public network got an opportunity to discuss the idea behind its project at a U.S. Department of state meeting.

The event, which covered private sector discussions , offered Hedera the chance to explain how decentralized projects help some of the country’s objectives.

— Hedera (@hedera) March 29, 2023

Realistic or not, here’s HBAR’s market cap in BTC terms

Created by Hedera Hashgraph LLC, a cryptography firm in the United States, the Hedera public network facilitates the use of smart contracts to validate transactions and reduce data manipulation.

This, and details about the usability of the Distributed Ledger Technology (DLT) were the talking point shared by the project.

However, it is necessary to point out that the address does not immediately translate to the country’s slowdown on the crypto clampdown.

For some time, the United States, led by its Securities and Exchange Commission (SEC) has shown disdain toward crypto firms, and several existing tokens.

This same conflicting position has driven the case with Ripple [XRP] to escape resolution for over two years. World’s largest exchange Binance has not been left out. And Ethereum [ETH] , a token that has existed for eight years has been tagged security by the Gary Gensler-led administration.

Therefore, it is highly unlikely that the solution Hedera has extended would quench the year-long hunt. In fact, it