Crypto markets face regulatory inconsistency, calling for CBDC and clearer regulations.
The article highlights that the core issue in crypto markets is regulatory inconsistency rather than cryptocurrency itself. Regulatory bodies like the SEC, CFTC, and IRS struggle to adapt their frameworks, leading to confusion and ineffective oversight. The author advocates for a central bank digital currency (CBDC) to ensure fair competition and improve tax revenue. The piece also calls for clearer regulations to protect investors while supporting innovation in the evolving crypto landscape.
October 21, 2024
3 Articles