Regulators struggling to oversee crypto assets
Stephen A. Rutenberg quoted in Bob’s Guide leadership piece by Rebekah Tunstead
The International Organization of Securities Commissions (Iosco)’s attempt to harmonize crypto regulation will have no immediate impact, as national regulators are still failing to understand jurisdictional governance, says a lawyer. While the CEO of a crypto exchange says the lack of adoption of current regulation to crypto, has created a bottleneck effect.
“While efforts to collaborate such as what Iosco is doing should be celebrated, we shouldn’t expect that it is going to lead to immediate results,” says Stephen Rutenberg shareholder in Polsinelli’s fintech and regulation practice.
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