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TBI - October 18, 2018
CFTC Commissioner Brian Quintenz spoke at a tech event in Dubai on Tuesday, and offered some interesting, cogent, and (in part) alarming comments on crypto.
I always find it interesting to read the prepared remarks from the CFTC and SEC folks in particular because they tend to be - contrary to the perception of some - extremely thoughtful, nuanced, and level-headed. Even when I disagree with the conclusions.
Which I do - strongly - in this particular case.
This is important, y’all, so pay attention.
Sometimes, important stuff can’t be so easily condensed, so what follows is a seven minute read that I think is worth your time, because the CFTC’s “just spitballing here" conclusions are chilling.
Prior to founding Messari, Ryan was an entrepreneur-in-residence at ConsenSys, and on the founding teams of Digital Currency Group, where he managed the firm’s seed investing activity, and CoinDesk, where he led the company’s restructuring & annual Consensus conferences. He has been an investor & prolific writer in the crypto industry since 2013.