CFTC Set to Lead, Says Jeff Park
TLDR
- Jeff Park sees the CFTC as a better fit for regulating crypto markets over the SEC.
- Park supports the CFTC’s role in managing capital efficiency in crypto markets.
- CFTC overseeing crypto markets makes sense, given its experience with commodities.
- Clarity in regulation will spur innovation and bring new developments in crypto.
The ongoing debate over cryptocurrency regulation in the U.S. is gaining clarity with recent remarks from Jeff Park, Chief Investment Officer at ProCap BTC. Speaking during an interview with crypto entrepreneur Anthony Pompliano, Park expressed his belief that the Commodity Futures Trading Commission (CFTC) should have a larger role in overseeing the cryptocurrency market compared to the U.S….
