Harvey Pitt Sees 'Fair Amount' of Crypto Regulation Ahead

The video discusses the public listing of Coinbase and the potential regulatory role of the SEC in cryptocurrency markets. It highlights the unclear jurisdiction between the SEC and CFTC, especially concerning whether cryptocurrencies are securities. The SEC's stance on Bitcoin and Ethereum as non-securities is noted. The video also examines the Archegos incident, emphasizing the need for clearer regulations and due diligence by banks to prevent over-leveraging and significant losses.

How did the SEC's position on Bitcoin and Ethereum affect regulatory involvement?

What concerns were raised about the due diligence of banks in the Archegos case?