The Missing Piece: Clear Definitions for Crypto Innovation
In the fast-paced world of cryptocurrencies, we’re finding that the absence of clear definitions can be a real roadblock for innovation and growth. Michael Saylor, a prominent figure in the crypto space, is making a strong case for establishing a formal crypto taxonomy. With the current regulatory landscape being what it is, clarity is not just nice to have; it’s absolutely crucial.
The Regulatory Maze We’re In
Right now, the cryptocurrency market is wading through a murky regulatory environment. The SEC has been the dominant player, often lumping digital assets under traditional securities laws without offering much guidance. For many in the market, this has bred confusion about which assets are considered securities and what…
