Warren Says Cryptocurrency Needs 'Cop on the Beat'

The video discusses the U.S. policy on cryptocurrency, emphasizing the need for regulation to protect small traders. It highlights the potential benefits of cryptocurrency, such as democratizing financial access, while also addressing the risks, including consumer fraud and systemic threats. The discussion includes the roles of the SEC, CFTC, and Congress in regulating the market, and draws parallels to past financial crises to illustrate potential macroprudential risks.

What is the significance of having a 'cop on the beat' in cryptocurrency markets?

What role does the speaker believe Congress should play in cryptocurrency regulation?