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Navigating Crypto Regulation: Challenges and Perspectives
This chapter examines the ongoing debate regarding cryptocurrency regulation in Congress, particularly the jurisdictional conflicts between the CFTC and SEC. It discusses the impact of recent crypto market events on regulatory attitudes, the tension between consumer protection and feasibility in proposed measures, and the challenges of applying existing legal frameworks to innovative digital assets. Additionally, the chapter explores the paradox of enforcing outdated standards in a rapidly evolving tech landscape while advocating for clearer auditing practices.