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Coin Center’s Peter Van Valkenburgh on regulation & crypto

Zero Knowledge

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The SEC and the Fin Sen?

In the UK or in most EU member nations, there's like one financial regulator in the US. The SEC focuses on securities regulation and anything that is a security is therefore subject to the SEC. So less so, you know, you are allowed in US securities laws to hold your own stock certificates. Nobody really does. They all trust the DTCC, which is a clearing house that there's a whole history of dematerialization here.

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