Express

Former CFTC Senior Official Says It Is Wrong To Regulate Crypto Through Law Enforcement

Mary Liu

Summary: In an interview with Coindesk, Brian Quintenz, a former senior official of the Commodity Futures Trading Commission (CFTC) who served as a consultant to venture capital firm Andreessen Horowitz (a16z), stated that federal regulators must work closely to establish a comprehensive cryptocurrency framework.  Brian Quintenz added: "Are those the laws that we would create now ...

In an interview with Coindesk, Brian Quintenz, a former senior official of the Commodity Futures Trading Commission (CFTC) who served as a consultant to venture capital firm Andreessen Horowitz (a16z), stated that federal regulators must work closely to establish a comprehensive cryptocurrency framework. 

Brian Quintenz added: "Are those the laws that we would create now in response to any issues or problems or dynamics that currently exist? I would probably say no. We put forward guidance to try to provide clarity before we took an enforcement approach ... that’s the right way to look at innovation...Setting policy through enforcement, in my view, is wrong."

By Mary Liu

Last Update:

Tags: ,,,
Link: Former CFTC Senior Official Says It Is Wrong To Regulate Crypto Through Law Enforcement   [Copy]
Next:

Related Articles

  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 4 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 11 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 13 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 15 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 18 days ago

    • You need to login to comment.