Right now, there are no clear structures to do that, and so they are being regulated by enforcement actions, which means they don’t have any clarity. There are so many good actors in this area who want to produce a good product, want to sell it to people in good faith. But in the absence of the rules, they don’t know what’s allowed and what’s not allowed. By the way, that allows the fraudsters to get away with a lot more, right? Because they just go and pocket the money and leave the market.
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- Source: https://www.coindesk.com/consensus-magazine/2023/10/16/elizabeth-warren-chalked-the-field-former-congressmen-tim-ryan-d-and-david-mcintosh-r-on-the-prospects-for-crypto-legislation-before-the-election/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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