Pat Toomey: “[r]egulation should protect the privacy--and confidentiality of individuals using stablecoins.”

There was unauthorized lending of customer assets to an affiliated entity, and there were apparently fraudulent promises to investors and customers about FTX's operations.

I think that there are a number of ways that you can go about creating a regulatory regime to take account of that risk.

I think there is a case to be made that there should be a regulatory regime on disclosure requirements for an issuer.

Working Americans are getting poorer every day.