Hoskinson pitches software-enabled crypto self-regulation to Congress

Cointelegraph

Published Jun 24, 2022 12:51AM ET

Updated Jun 25, 2022 03:20AM ET

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:”

Continue Reading on Coin Telegraph