The Need for Clarity in Cryptocurrency Regulations

The head of securities regulators claims that the standard for regulating cryptocurrency already exists, but is this really true? Looking back at past laws and reports, it seems there may not be enough clarity. As a former SEC consultant, I understand the risks of being too quick to regulate, but after years of confusion and numerous companies struggling to understand the rules, it's reasonable to expect additional regulatory guidance. Some policymakers may fear that new rules for crypto will be weaker than existing ones, but I believe there is great potential for positive change. By addressing the challenges of regulating crypto, we can benefit the industry, consumers, investors, and even the regulators themselves. It's a mindset that needs to become more prevalent and deserves further discussion. Industry participants are seeking clarity, which is why companies like Paradigm hire experts like me to help navigate these questions.