How Effective is CCSS in Governing the Global Cryptocurrency Ecosystem?

Friends, like all emerging technologies government or third party standards tend to lag the pace of research and development by the private sector and academic studies. The obvious question for the cryptocurrency arena is whether the CryptoCurrency Security Standard (CCSS) can effectively govern this emerging technology with its hyperspeed innovation, growth and a diverse ecosystem of global currencies, exchanges and trading platforms while protecting the security and integrity of investors and traders alike? Currently CCSS addresses ten elements of cryptocurrencies: Key/seed generation, Key storage, Third party security audits/pentests, Data sanitation, Audit logs, Key compromise, Key usage, Keyholder grant/revoke, Key/seed generation and Wallet creation. While many ecosystem players can achieve Level I certification it remains to be seen how many entities will acquire Level II let alone Level III status. Please share your thoughts and predictions. Lawrence, Cryptocurrency Academy (https://cryptocurrencyacademy.blogspot.com)