Crypto Companies Seek Clearer Regulations Through Collaboration with Policymakers
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Regulators like the SEC have claimed crypto regulations are clear, but legitimate crypto companies disagree and want collaborative rule-making.
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The SEC has targeted legitimate crypto companies with lawsuits, rather than bad actors, muddying the regulatory waters.
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Recent SEC losses in court and Congressional hearings show its strategy may be flawed.
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Some legislators like Reps. Torres and McHenry better understand crypto and are pushing for sensible regulations.
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Though the regulatory environment is frustrating now, continued policy advocacy and education will lead to clearer crypto rules.