Sun. Oct 25th, 2020

The chairman of the Commodity Futures Trading Commission (CFTC) has called on other regulators to establish a framework for sound crypto regulation. He believes that the U.S. must lead in the crypto field and “applying overly prescriptive rules could stunt the development of this important market.”

CFTC Chairman Heath P. Tarbert has called on other U.S. regulators to take a tailored approach to regulating cryptocurrency. In an article published by Harvard Business Law Review, entitled “Rules for Principles and Principles for Rules: Tools for Crafting Sound Financial Regulation,” Tarbert outlined a “framework for sound regulation,” the CFTC conveyed on Monday.

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