Published on May 15th, 2018 | by bitcoin0
Crypto Self-Governance Praised as Being Answer to Governing ‘Mess’
Even if it wants to regulate cryptocurrencies, it may not have enough resources from Congress to do so.”
In this context, DeWaal said that self-regulatory organizations (SROs) can play a role in helping regulators test the waters ahead of clearer regulatory frameworks.
What we did was to convince these operators to include KYC all together to protect the market,” Kano said.
On the other hand, regulators in other countries are moving more quickly in developing their cryptocurrency and blockchain rules.
The same solution may not be applicable everywhere, however – DeWaal argued he “absolutely opposed to the idea to copycat regulations from jurisdiction to jurisdiction.”