Speakers at Monday’s “Crypto Policy Symposium,” a gathering of cryptoskeptics, or “nocoiners,” dismissed the common calls for “regulatory clarity” from crypto proponents as a “distraction.” Regulations around crypto are perfectly clear, they said—and that’s why crypto enthusiasts don’t like them.
“An Oscar should go to whomever first coined ‘regulatory clarity,’” said Santa Clara University associate law professor Stephen Diamond.
In a panel entitled, “Are Regulators and Regulations fit to meet the Crypto Challenge?” Diamond said: “There is regulatory clarity—it’s fairly straightforward and it’s been in place for a long time. Hopefully there won’t be any dramatic shift to redefine this very stable understanding of financial markets.”
‘Enforcement 40’ for 2020
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