Blatant reg. capture & rent seeking: "Regulations and oversight of the token markets should be imposed by the CFTC and the SEC. CoinRegTech is developing a digital asset trade repository that will record transactions and confirm ownership of tokens." comments.cftc.gov/PublicComments
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The rent seekers also seem confused. The CFTC and SEC do not want to and can not have oversight over “token markets”.
The law now gives them oversight of commodities futures and securities respectively.
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Agreed. Unclear where this would fall re jurisdiction. (which is the toughest scenario)
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Seems rather excessive. This could not cover spot crypto-assets anyway, so this centralised repository idea is...odd..!
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