Sympathy for the SEC

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Hector Rosekrans - November 1, 2018

Messari is proud to support and advise Global Digital Finance, who announced yesterday an industry-wide code of conduct for crypto companies, as well as a stellar group of founding members. The group brings an excellent team to (hopefully) reconcile the growing set of global self-regulatory initiatives in crypto.

Self-regulation is a loaded term. Standards setting is hard work, and it can lead to unnecessary “forks” when people accidentally create more problems than they solve.

It’s this type of thing that we want to help prevent, which is why we’re proud to support existing, high-impact efforts like GDF, Coin Center, and the Blockchain Association. No need to go it alone, or reinvent the wheel.

In fact, it can be counter-productive.