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Home Cryptocurrency Corey Frayer: Crypto loses its identity when mimicking traditional finance, SEC’s independence is crucial for regulation, and compliance can create competitive advantages | Bankless

Corey Frayer: Crypto loses its identity when mimicking traditional finance, SEC’s independence is crucial for regulation, and compliance can create competitive advantages | Bankless

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Crypto loses its distinct identity when it begins to mimic traditional financial systems. If crypto projects function like banks or securities exchanges, they must comply with existing laws. The current state of crypto resembles traditional finance but often resists regulation.

The post Corey Frayer: Crypto loses its identity when mimicking traditional finance, SEC’s independence is crucial for regulation, and compliance can create competitive advantages | Bankless appeared first on Crypto Briefing.

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