Cryptocurrency News

Hoskinson pitches software-enabled crypto self-regulation to Congress

06/24/2022

Less than a minute

2022.06.24 10:11

Hoskinson pitches software-enabled crypto self-regulation to Congress

Cardano co-founder Charles Hoskinson has told Congress it should make regulations for crypto but leave compliance up to the software developers.

Hoskinson likened the ideal arrangement for crypto regulation to the way banking self-regulation works during a June 23 congressional hearing, telling legislators “it’s not the SEC or the CFTC going out there doing KYC-AML, it’s banks.”

06/24/2022

Less than a minute

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