It is one thing to go to a conference like Bitcoin Miami 2021 to hear that cryptocurrencies don’t need more legal rules, and quite another to read this argument from the pens of two recognized american legal experts and former regulators in none other than the Wall Street Journal.
In an opinion piece published on June 6, 2021; former SEC chairman Jay Clayton and former undersecretary of the Treasury for International Affairs Brent McIntosh argued that the current US Administration’s stance of viewing the U.S. legal system as unfit to regulate cryptocurrencies is fundamentally flawed.
Don’t Reinvent the Wheel. Cryptocurrencies Don’t Need New Rules
Clayton and McIntosh sought to refute the arguments of current U.S. Treasury Secretary (and prominent Bitcoin skeptic) Janet Yellen , who asserts that the U.S. framework isn’t “up to the task” of regulating cryptocurrencies. They also believe that the thinking of Gary Gensler, current Chairman of the Securities and Exchange Co
Źródło: https://cryptopotato.com/cryptocurrencies-dont-need-new-rules/
