Avalanche Policy Coalition urges SEC, CFTC to fold crypto into existing market rules

Rather than designing an entirely new framework, the Avalanche Policy Coalition says that U.S. regulators already have the tools to bring crypto spot markets under supervision by extending existing rules to new instruments. During a recent interview with TheStreet Roundtable, Lee Schneider, General Counsel at Ava Labs, outlined the coalition’s proposal, which centers on empowering the SEC and CFTC to authorize already regulated intermediaries to trade spot crypto. “Crypto is different, in a lot of ways, f ...