Technology
Sep. 2, 2022
Digital asset regulation is as complicated as the technology itself
The more you learn about the underlying technology and begin to see the scale for its deployment across industries, the easier it is to see that there can never be a single legal or regulatory response to crypto. The mere pursuit of such a solution is a quest doomed to failure.
Blockchain is a once-in-a-generation evolutionary step-change in computer architecture that will eventually rival the internet and the world wide web in its impact on our daily lives. Unsurprisingly, this new technology is raising novel legal and regulatory issues that stretch the capacity of long-established concepts and terminology.
This week, the House Committee on Oversight and Reform sent letters to federal financial regulators, inclu...
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