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What’s Up with the SEC and CFTC? 👀
#CoinRoutes CEO Dave Weisberger discussed US cryptocurrency regulation on Hashing It Out podcast.
He noted the challenge arising from unclear rules due to overlapping roles of SEC and CFTC.
The SEC's bid to regulate led to 2023 court cases. #Weisberger highlighted the industry's stance: existing rules shouldn't stifle crypto innovation.
Comparing it to remodeling, he urged regulators to rethink their approach. He emphasized voters' concern for economic #freedom and US competitiveness in crypto.
Overall, the podcast delved into navigating crypto regulations amidst SEC-CFTC dynamics.
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