Crypto Wants Some SEC Rules – Bloomberg

Philosophically I sympathize with the crypto industry here: There should be clear rules that are open and available to everyone. Practically I am pretty sympathetic to the SEC. But mostly I just want to point out that there is a disconnect. And if your vision of crypto is about disrupting the traditional financial system, then this might look like the SEC protecting the traditional system from disruption. “Just come in and talk to us,” the SEC says, but you might hear that as “you can’t do anything in crypto without talking to us first.”

Source: Crypto Wants Some SEC Rules – Bloomberg