Crypto industry is not experiencing regulatory capture — Attorney

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The story "Crypto industry is not experiencing regulatory capture — Attorney" was covered 2 days ago by Coin Telegraph, a news publisher based in United States.

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Coin Telegraph 2d ago

Crypto industry is not experiencing regulatory capture — Attorney - Coin Telegraph

Quick Summary:

Brandon Ferrick, general counsel at Douro Labs, said that the Securities and Exchange Commission's (SEC) openness to public input on crypto policy and their roundtable discussions are positive signs that the crypto industry is not currently experiencing regulatory capture.

Source: SEC As the crypto industry becomes more integrated with the traditional financial system and engages state regulators more, some analysts and executives are worried that the industry is experiencing regulatory capture that will skew incentives and politicize the burgeoning crypto sector.

Related: SEC staff gives guidance on how securities laws could apply to cryptoSEC hosts several roundtable discussions on crypto policyThe SEC has hosted several crypto roundtable discussions and panels, with more slated in the coming months — a sharp contrast from the agency's regulation-by-enforcement approach under former SEC chairman Gary Gensler.