Liftik said it will likely require legislation to clearly delineate which federal agencies — or perhaps a new one devoted exclusively to digital assets — are responsible for overseeing which parts of the cryptocurrency industry.”
Once you have the rules of the road, it’s easy to tell who’s following them. You can catch the speeders, you can catch the people who run red lights, and everyone knows those are the rules and so they can abide by them or not,” he said.
Source: Washington grapples with how to expand crypto oversight | TheHill