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

  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 5 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 8 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 11 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 15 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 17 days ago

    • You need to login to comment.