Who, What, When, Why, And How To Regulate Crypto In The U.S.

Pressure is building on regulators to put safeguards in place for digital assets, but questions remain about how best to do this.

Victoria Vergolina

05 Aug 2022, 04:58 PM IST

Who, What, When, Why, and How to Regulate Crypto in the U.S. (Source: Bloomberg)

Bitcoin logos at the entrance of a cryptocurrency kiosk in Barcelona, Spain, on Wednesday, March 9, 2022. Bitcoin dropped back below $40,000, erasing almost all the gains sparked by optimism about U.S. President Joe Biden’s executive order to put more focus on the crypto sector. Photographer: Angel Garcia/Bloomberg" />

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(Bloomberg) -- With every additional bankruptcy filing or accusation of insider trading in crypto, regulators seem to turn up the heat ever so slightly when it comes to their focus on the digital-asset industry. But who is planning on doing the regulating? What would that even look like? And what does it mean that regulators themselves don’t seem to entirely agree?

Joining this episode to bring us up to speed on what’s happening with US crypto regulation are Bloomberg reporters Allyson Versprille and Alex Nguyễn. Welcome.

More stories like this are available on bloomberg.com