CFTC Chair on Crypto Regulation: We Don’t Want to Snuff out Innovation

Cointelegraph | Nov 22, 2019 at 2:56 PM
  • The chairman of the United States Commodity Futures Trading Commission (CFTC) has called for “principles-based regulation” for cryptocurrencies.
  • Regulators should first fully understand the outcomes and potential risks of digital assets before enforcing their rules.
  • Digital assets face unique operational risks such as fraud and hacks that could lead to theft or losses.