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New Technology and Old Rules: Constructing a Crypto Regulatory Framework

Commodity Futures Trading Commission Regulation

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Featuring
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Chris Brummer

Professor of Law, Georgetown University Law Center

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Katherine Cooper

Attorney, Murphy and McGonigle

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Melissa Netram

Partner, FS Vector

Director of Financial Regulation Studies, Center for Monetary and Financial Alternatives, Cato Institute

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Sarah Wynn

Reporter, CQ Roll Call

Cryptocurrency regulation sits at the intersection of multiple regulatory regimes: financial markets regulators and banking regulators, among many others, have asserted authority over certain aspects of crypto regulation, which has resulted in an overlapping and incomplete regulatory framework that has drawn criticism from both proponents and skeptics of crypto innovation. So, how is cryptocurrency regulated? How should it be regulated? Who should regulate it? Cato’s Center for Monetary and Financial Alternatives is looking at these questions with a series that examines the roles of different regulators and considers what type of regulatory framework should be adopted to balance the risks and innovative potential of cryptocurrencies.

This first panel addresses the role of the Commodities Futures Trading Commission (CFTC) in regulating cryptocurrency, focusing on the current state of regulation at the CFTC and discussing the benefits and limitations of the CFTC’s regulation in this space. Join Chris Brummer (Georgetown Law), Katherine Cooper (Murphy & McGonigle), and Melissa Netram (FS Vector) in a panel moderated by Sarah Wynn from CQ Roll Call to discuss the CFTC’s role in crypto regulation.

THIS EVENT IS PART OF AN ONLINE POLICY FORUM SERIES:

CFTC Regulation

Session 1 • November 22, 2021

Join Chris Brummer (Georgetown Law), Katherine Cooper (Murphy & McGonigle), and Melissa Netram (FS Vector) in a panel moderated by Sarah Wynn from CQ Roll Call to discuss the CFTC’s role in crypto regulation.

Banking Regulation

Session 2 • December 2, 2021

Join Dan Awrey (Cornell Law School), Albert Forkner (Wyoming Division of Banking), and Jai Massari (Davis Polk) in a panel discussion moderated by Jon Hill from Law360 on how banking regulators should approach crypto regulation.

SEC Regulation

Session 3 • December 9, 2021

Join Carol Goforth (University of Arkansas School of Law), Nicholas Losurdo (Goodwin Proctor), and Peter Van Valkenburgh (Coin Center) in a panel moderated by David Hollerith from Yahoo Finance to discuss the SEC’s role in crypto regulation.

A Path Forward

Session 4 • January 13, 2022

Join Jake Chervinsky (Blockchain Association), Alan Cohn (Steptoe and Johnson, LLP), and Angela Walch (Saint Mary’s University School of Law) in a panel moderated by Nikhilesh De from CoinDesk to discuss the future of crypto regulation.