The Infuriating Patchwork of Crypto Regulations Is Good for Crypto

Posted on by American Coins & Gold

The Infuriating Patchwork of Crypto Regulations Is Good for Crypto
Like many others, I view last week’s House Financial Services Committee hearing at which six crypto CEOs explained the industry to Congress as a watershed moment for the industry in the United States.The dialogue was collegial and constructive, and felt grounded in a genuine desire to speak with each other rather than past each other. The discourse dispelled a number of myths, including the mistaken belief that crypto is currently unregulated. It felt like a major step forward for everyone.This is why I’m concerned about recent calls for a single, centralized regulator for the crypto industry, which feeds the false…