CAN - Blockchain Association Says More Transparency Needed in US Crypto Regulation Formulation
While many entities have yet to recover from the FTX collapse, plenty of investors, well wishers and lawmakers who were supportive of the space are feeling somewhat betrayed by the implosion of FTX. “The U.S. Congress needs to make the legislation of crypto a transparent process, so that there is a critical look at the market as a whole,” says Kristin Smith, CEO of the Blockchain Association, a leading not-for-profit crypto organization.
During a recent interview, Smith intimated that the crypto industry wants U.S. lawmakers to speed up crypto legislation as the process has been painstakingly slow, even with the regulators coming in during the...
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