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Bitcoin ETF, Money Laundering Concerns at Center of B-Word Event Regulatory Panel

From blockworks.co

Allegations of regulators overstepping their boundary and also not doing enough were the parallel themes at The B-Word’s regulatory panel Wednesday afternoon. SEC Commissioner Hester Peirce, called the “crypto Mom” by some for her embrace of the digital assets industry, said that regulators were coming down too harshly on the crypto industry, forcing it to play by a stricter set of rules than others. In contrast, Mike Mosier, director of the Financial Crimes Enforcement Network (FinCEN) expressed concern regulators were not doing enough to address the role bitcoin can play in money laundering and should do something ... (full story)

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  • Category: Fundamental Analysis