The Financial Stability Oversight Council (FSOC) published its own highly anticipated report in response to U.S. President Joe Biden’s executive order on crypto earlier this week, calling on Congress to define the line between a security and a non-security, at least as far as crypto is concerned.
FSOC: Do something, Congress!
The Financial Stability Oversight Council (FSOC) finally published a long-anticipated report about the regulation of crypto. Essentially, FSOC said it believes federal agencies already have much of the authority they need to oversee large chunks of the crypto sector. The one area it really asked for Congress to get involved is defining just where the limits of securities regulation should be. In other words, much of this wasn’t really a surprise.
Where the line is between a crypto security and a crypto commodity is the question in the U.S.: Where exactly does the Securities and Exchange Commission's authority end and the Commodity Futures Trading Commission's...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...