A clear principles-based regulatory approach to the digital assets sector could be a huge benefit to the Australian economy according to the report.
CFTC commissioner compares crypto contagion risk to 2008 financial crisis
The commissioner warnes that vulnerabilities seen within the crypto markets are similar to those seen during the global financial crisis and calls for the agency to be given additional authority.
CTFC commissioner proposes office focused on retail crypto investors
The commissioner said the potential of blockchain and cryptocurrency to change existing markets necessitates a new retail investor protection office similar to that of the SEC.