Salman Banaei
@banamlas
general counsel @kimberlabs_ - dev of @PlumeNetwork. ex @secgov @cftc @uniswap @chainalysis @ihsmarkit (nka @spglobal). personal account. posiwid.
Joined April 2011
413 Following 2.8K Followers
CFTC regulation of crypto CEXes makes sense from a policy perspective: it incorporates market integrity and illicit finance protections (state regulation focuses on latter). It also makes sense for exchanges: one regulator vs 52. Wish @CFTC luck on this!
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Could crypto exchanges soon operate under one national regulatory framework?
Senior Advisor to @ChairmanSelig @passalacqua_mj explains how the @CFTC's proposed Reg CM framework would let exchanges opt into federal oversight, though whether the industry embraces it remains an open question.
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