And I gather the bottom line is your concern is if it happens on too compressed a schedule, then there are significant participants that could be actually just frozen out of the activity until they are able to get up to compliance, and I suppose, also, the danger of inappropriate rules because they would not be informed by sufficient history.
Toomey expresses concern about potential market exclusion due to rushed compliance timelines.
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I think there is a case to be made that there should be a regulatory regime on disclosure requirements for an issuer.
I think that there are a number of ways that you can go about creating a regulatory regime to take account of that risk.
Cryptocurrencies can protect against inflation when Governments irresponsibly manage their own currencies.
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