Harvard's Massad on Cryptocurrency Regulation

The video discusses the regulatory challenges facing the cryptocurrency industry, particularly focusing on Coinbase. Despite its public offering, Coinbase operates in an unregulated environment, lacking federal oversight. The SEC and CFTC have limited authority, leading to significant regulatory gaps. The irony is highlighted as crypto was meant to decentralize finance, yet Coinbase acts as a centralized intermediary. The need for updated laws and potential future regulatory actions are explored.

What is the significance of the Commodity Futures Trading Commission's (CFTC) limited jurisdiction over Coinbase?

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In what ways does the text suggest that laws need to be updated to address the cryptocurrency market?

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What challenges does the lack of a federal regulator pose for cryptocurrency investors?

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