“If you look at different products or different aspects of what I would call the overall crypto ecosystem, [you] have products that span the jurisdiction of various domestic regulators, ” said Clayton. “So you had these global products and you’re trying to apply domestic regulation to them and then in applying domestic regulation to them you had products that had overlapping jurisdiction, and that made applying regulations challenging”
We Must Protect Crypto-AI From Financial Nihilism
Financial nihilism is a common philosophy in Web3 but, ultimately, there’s no way to build long-lasting value without finding real...