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New Technology and Old Rules: Constructing a Crypto Regulatory Framework

Banking Regulation

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New Technology and Old Rules- Constructing a Crypto Regulatory Framework - Banking Regulation
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      Featuring
      Dan Awrey portrait
      Dan Awrey

      Professor of Law, Cornell University

      Albert Forkner
      Albert Forkner

      Commissioner, Wyoming Division of Banking

      Jon Hill cropped
      Jon Hill

      Senior Reporter, Law360

      Jai Massari
      Jai Massari

      Lightspark

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

      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 second panel addresses the role of banking regulators in regulating cryptocurrency, focusing on the current state of banking regulation that relates to crypto and discussing the benefits and limitations of this regulation. Join Dan Awrey, Albert Forkner, and Jai Massari in a panel discussion moderated by Jon Hill from Law360 on how banking regulators should approach 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.