Tag Archives: shoehorn

Regulate us, but don’t ‘shoehorn’ old rules on new assets

Regulate us, but don’t ‘shoehorn’ old rules on new assets

The chief executives of six major cryptocurrency companies made their Washington debut on Wednesday, broadly embracing regulation amid explosive growth in digital currencies — even as they pushed back against the idea that old securities laws will work in the emerging space. Testifying before the House Financial Services Committee for nearly five hours, executives from Coinbase, Circle, FTX, Bitfury, Paxos, and Stellar Development Foundation fielded questions from lawmakers on understanding… Source link

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