Jason Gottlieb Authors Article on States Adding Uncertainty to Cryptocurrency Regulation
The article addresses the regulatory uncertainty involving cryptocurrency-related businesses. Though the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have staked out their territory, they either do not have the resources for such an endeavor, or are choosing to leave most cryptocurrency offerings alone in favor of targeting a select few. As a result, states are stepping into this breach. But the uncertainties and ambiguities in current cryptocurrency regulation mean that multi-state action – even if coordinated – will create a real risk of splintered authority, in turn increasing regulatory burdens for U.S. blockchain-based businesses.
Pdf of article: “With States' Crypto Regulation, Problems Multiply”