Monday, October 25, 2021
Fintech, where Finance & Technology meet

US regulators eye crypto markets

By DAC000 , in Cryptocurrency Regulation , at May 30, 2021 Tags: ,

FT reports American regulators are poised to take a more active regulatory role. About a two minute read.

Comment: wow, this effort seems confused, but no wonder as it mentions are struggling to determine “who has the legal authority”, meaning a bureaucratic turf war in happening behind the scenes. Likely to slow efforts: a review of National Trust Charters for firms providing cryptocurrency custody. That’s Big Business and in The US they have Big Influence.

Custody briefly explained below