No August doldrums in DC this week! It was great to join the inaugural
@CFTC Innovation Advisory Committee (a group I've called "the Olympic roster of crypto.") But for a “crypto” gathering, there were a LOT of TradFi players in the room like
@NASDAQ,
@CMEGroup,
@CBOE,
@OptionsClearing,
@NYSE,
@The_DTCC (alphabet soup!)
Everyone was in agreement. Rules written for a different era aren’t good enough. Not for consumers. Not for business. Not for innovation.
I made this case in an open letter to Congress back in 2019. Seven years later, we STILL need clear rules…. Thanks to the Trump administration, appointees like
@ChairmanSelig, and a myriad of bold leaders in Congress, we’ve never been closer.