TECHNOLOGY

By: Jamie Forte

As crypto moves into the mainstream, led by crypto companies and fintech startups seeking to capitalize on this economic moment, there have been numerous calls to forgo existing standards in the name of strengthening innovation in the marketplace.

Proponents of crypto worry that, should it be subject to the same rules as traditional finance, it could greatly limit crypto’s potential in areas where it differs from traditional assets.

But we must also ask ourselves what crypto’s true “potential” is, for its new tools cannot substitute for core market rules and regulations. The disclosure of important factors — like who is behind a transaction — isn’t there. In truth, the anonymity and…