Middle East

North America

South America

United States

Cryptoassets & Blockchain Legal News

BTC $ 3609 1.0%
BCH $ 129 5.34%
ETH $ 119 1.38%

United States

SEC, CFTC chiefs to talk cryptocurrencies with the Senate

February 6, 2018 by Ashley MAO

An upcoming hearing at the Senate Banking Committee will allow the Securities and Exchange Commission and the Commodity Futures Trading Commission chefs, Jay Clayton and J. Christopher Giancarlo to present their take on cryptocurrencies regulations and their efforts in preventing crypto-related scams while allowing the new technology to develop.

Both chairmen have previously expressed concerns about the lack of oversight over cryptocurrency financial product making potential investors an easy prey for fraudsters and see maintaining the balance between allowing innovation and legal protection of the market players as their main challenge.

Tags: , ,

More info from other sources

Ashley MAO, Coinlaw

view profile
Ashley MAO is a member of the Coinlaw team. Read more about our team.


United States Latest Cryptoassets & Blockchain Legal News

Stay tuned with the legal news on blockchain & cryptoassets

Whether you are a founder gearing-up for an ICO, a token-buyer or a cryptoasset trader, subscribe to our newsletter to be informed of the latest legal developments impacting blockchain & cryptoassets in each and every jurisdiction