[Analysis] A national alternative to onerous state-by-state regulation of cryptocurrency intermediaries
The team at Coin Center shares some initial thoughts on how to architect a comprehensive national regime to regulate trusted cryptocurrency intermediaries.
Comprehensive legislation should clearly delineate the jurisdiction of the relevant regulators: designating the CFTC as the single federal regulator for investor protection and prudential regulation of cryptocurrency intermediaries; clarifying the separate jurisdictions of the SEC and the CFTC; and preempting state authority over any federally regulated entities.
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