Moving some regulatory responsibility from the SEC to the CFTC is like moving deck chairs on the Titanic. We need an entirely new approach, and a new agency that can provide focus without constantly fighting for dominance.
The SEC is focused on Securities markets.
The CFTC is focused on Commodities markets.
We need a Cryptocurrency Regulatory Agency that is focused on Bitcoin and Crypto markets.
https://docs.google.com/document/d/1n4YbBeR-xd0ssVNT_UwLqVvrpyGrBeQqqbkZ7hU0y9g/edit?usp=sharing