The Scoop Former SEC Chair Jay Clayton says the crypto industry is 'pushing US market infrastructure forward'
Sep 6, 2024
Jay Clayton, the former chairperson of the U.S. Securities and Exchange Commission, dives into the evolution of the crypto industry since his tenure. He highlights the growing need for clearer regulatory frameworks around crypto as securities or commodities. Clayton discusses how crypto can enhance traditional market structures, particularly in bond markets. He also touches on the importance of transparency in financial markets and the ongoing challenges that exchanges face in achieving compliance amidst rapid innovations.
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