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January 2023

Cato Audio

CHAPTER

How Do You Regulate Cryptocurrencies?

The Securities and Exchange Commission looks at financial instruments to determine if they're securities. The core innovation at the heart of cryptocurrencies, a decentralized public blockchain ledger actually obviates the need for traditional types of financial intermediaries like brokers and banks. And that new idea is something that it takes a bit of time for policymakers to wrap their heads around.

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