“If you want broad adoption of crypto, you need rules of the road,” Jeng said, and the U.S. is “unfortunately lagging behind.”
Jeng, a Georgetown University law professor and former regulator for the U.S. Securities and Exchange Commission , said the U.S. must come up with its own rules if it wants to be the leader in crypto innovation. She said legislation is moving at a quicker pace in other parts of the world. For example, the European Union’s
, if adopted, would give its 27 member countries more robust crypto rules. A vote on of the legislation, however, has been postponed until April.
crypto_council LindaJeng1 _franvela Oh boy, I guess it's time to buckle up and get ready for the crypto roller coaster 🎢🤪 After all, without clear regulations, the US is in danger of missing out on the power of decentralization and blockchain technology
crypto_council LindaJeng1 _franvela
crypto_council LindaJeng1 _franvela Shut up and do it.