Crypto law bonanza raises concerns around whether agency staff can regulate groundswell – DL News
The Guidance
- A swell of new crypto laws are about to be enforced.
- But the question is if regulators have enough staff to regulate them after the DOGE cuts.
A version of this story appeared in The Guidance newsletter on August 11. Sign up here.
Hey all, Liam here.
The swell of new crypto rules coming into play is cause for much applause among industry proponents.
Clear guidelines for stablecoins in the Genius act as well as market structure mean larger banks and institutions are more comfortable offering digital asset products to clients.
For investors, that’s great. It likely precedes even more investment.
At the same time, there’s mounting concern that there won’t be enough government staff to enforce all these new rules.
Alongside…
