Libertarian Think Tank Criticizes US SEC’s Approach to Crypto and Blockchain
Cointelegraph
Published Apr 11, 2019 08:25PM ET
Updated Apr 11, 2019 08:42PM ET
Libertarian Think Tank Criticizes US SEC’s Approach to Crypto and Blockchain
John Berlau, a senior fellow at libertarian think tank Competitive Enterprise Institute, criticized the United States Securities and Exchange Commission’s (SEC) approach to regulating cryptocurrencies. Berlau delivered his comments in a report published on April 11.
In a report called “Cryptocurrency and the SEC’s Limitless Power Grab: Why Speculative Consumer Goods Are Not ‘Securities,’” Berlau claimed that blockchain technology and cryptocurrencies are transformative innovations, potential of which has been stunted by “burdensome regulation.”
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Written By: Cointelegraph
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