Cardano Co-Founder Suggests Congress to Implement Software-Enabled Crypto self-Regulation

Cardano co-founder Charles Hoskinson has told Congress it should make regulations for crypto but leave compliance up to the software developers.

Hoskinson likened the ideal arrangement for crypto regulation to the way banking self-regulation works during a Thursday congressional hearing, telling legislators, “it’s not the SEC or the CFTC going out there doing KYC-AML, it’s banks:”

[Via]

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