World > Opinion

The cryptocurrency market doesn't need new rules and can be governed under existing regulation, former SEC chief says

7 days ago   |   By Business Insider

Summary List Placement Former SEC chair Jay Clayton and former undersecretary of the Treasury Brent McIntosh co-wrote an opinion article in the Wall Street Journal where they explained that the cryptocurrency market can be governed using existing financial regulation.
In the op-ed, titled: "Crypto Needs Regulation, but It Doesn't Need New Rules," the two question Treasury Secretary Yellen's suggestions that the US framework isn't "up to the task of regulating cryptocurrencies."
Instead, they said that the core ideas in the US's existing regulatory framework are enough to guide the market...
Read more ...

 


Search by Tags

   Opinion      US      Industry      Markets  


75-pound black bear climbs five-storey tree

75-pound black bear climbs five-storey tree

Ken MacDonald and his wife Susan were visiting a heronry in Severn Township, Canada, on June 8 when they spotted a 'big, black thing' sitting in one of the roosts 75 feet above... Read more ...

Tiny Tina's Wonderlands devs reveal more of the D&D-inspired Borderlands...

Tiny Tina's Wonderlands devs reveal more of the D&D-inspired Borderlands spin-off

Developer Gearbox finally unveiled the new Borderlands spin-off, Tiny Tina's Wonderlands , last week at Kickoff Live , but the initial trailer didn't give us a whole lot of... Read more ...

Transport for Ireland deck out special double-decker bus in rainbow colours...

Read more ...

IKEA ordered to pay €1million fine after being found guilty of snooping on staff

IKEA ordered to pay €1million fine after being found guilty of snooping on staff

The world's biggest furniture retailer was found guilty of improperly gathering and storing information on its employees in France but absolved on Tuesday of systematically... Read more ...

Deutsche Bank stands to make $1 billion on a single long-shot trade...

Deutsche Bank stands to make $1 billion on a single long-shot trade involving a distressed Israeli shipping company, report says

Summary List Placement Deutsche Bank's investment in a distressed Israeli shipping firm is set to pay out as much as $1 billion, according to a report from Bloomberg. Beginning... Read more ...

This new documentary is Afghanistan's answer to Boyhood

In 2004, director Phil Grabsky made a splash on the festival circuit with The Boy Who Plays on the Buddhas of Bamiyan. The documentary follows eight-year-old Mir as he and his... Read more ...

England's players are performing a valuable service in taking the knee

They are reminding us that the problems of prejudice and discrimination have not gone away - and won't without action Read more ...

Euro 2020: Cristiano Ronaldo's water gesture wiped a staggering amount off...

People can talk all they want about footballers and how they should simply stick to playing the game, but the reality is that players have much more power than anyone realises... Read more ...

Total War: Warhammer 3 Kislev - army roster, legendary lords, and more!

Total War: Warhammer 3 Kislev - army roster, legendary lords, and more!

So, you want to know more about Kislev? With Total War: Warhammer 3 on the way , it's time to take a closer look at the confirmed Warhammer 3 races. What do we know about them... Read more ...

Ex-Ireland ace Clive Clarke calls for defibrillators to be ‘made part of...

Read more ...