However, if we fail to provide a functional framework for digital assets in this country, all we are doing is forcing this activity to happen in an offshore exchange, rather than in a nicely-innovative, properly-regulated U.S. working environment.
Emphasizes the need for a regulatory framework for digital assets to protect U.S. investors.
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I think the reason why both reports conclude that the Fed failed to adequately escalate is because the Fed itself is delaying implementation of the enhanced supervisory standards.
When we see the Securities and Exchange Commission ramping up their enforcement action, it's time for hearings.
Chair Gensler, your responses to congressional inquiries have been unacceptable.
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