Don't Let the Crypto Winter Slow You Down | Crypto

Don’t Let the Crypto Winter Slow You Down

The cryptocurrency market has the opportunity of a lifetime for US policy makers.

The market has the potential to be a systemic threat, and has gathered disciples, leverage and political clout faster than regulators can get a grip.

The market has imploded, entering the crypto winter that persists to this day.

Policy makers should act now to impose some much-needed rules on this market.

The problem areas are clear: stablecoins, commercial banks, and digital tokens and trading venues.

Ideally, Congress would impose some order.

Bank regulators have the power to create a limited charter for stablecoin issuers.

The SEC and CFTC should cooperate to set up an industry-funded organization that would set reasonable standards for all relevant crypto instruments and institutions.

6KKWCRRY4QI63OFPBICOLXB5WY Don't Let the Crypto Winter Slow You Down

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