The launch of the first bitcoin futures ETF, plus the momentum achieved by the cryptocurrency market the last few years, would seem to indicate a predictable future of regulation coming out of Washington, DC. However, while the SEC approved the new ETF, regulation aimed directly at the crypto market is much less clear. Amy Lynch, FrontLine’s Founder and President, discusses how the view of regulation by crypto advocates is still a point of contention and reactions to the usefulness of regulation are a mixed bag of opinions. Ms. Lynch adds that it may take a more unified stance by the crypto industry to work with the SEC and be open to regulations so that credibility can be achieved. See CNBC’s Pro (free trial), “As bitcoin futures ETF gears for debut, the crypto industry is growing up fast in Washington”
A regulatory future for the crypto market would bring credibility (CNBC)
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