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✉news BusinessCrypto first seen 6 h ago, last 1 h ago, peak #6

Crypto's problems go beyond the SEC and CFTC

Original: Crypto and bitcoin have problems the CFTC and SEC can't fix

Regulators in Washington may not be able to solve the core issues facing bitcoin and the broader crypto market, according to analysis from American Banker. The argument is that the Securities and Exchange Commission and the Commodity Futures Trading Commission, however active, cannot fix structural problems facing the industry, such as weak business models, loss of public trust and the collapse of major players. The piece suggests regulation alone will not restore confidence in digital assets.

Why now: Ongoing regulatory battles over crypto and questions about the industry's future are keeping the debate about effective oversight alive.

SECCFTCbitcoinAmerican Banker

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