Sublime

There is a connection between singularly focused federal regulation and having the world's most competitive derivatives markets.

The CFTC operates under the statutory framework of the Commodity Exchange Act (CEA),2 a law that was originally passed in 1936 but has been amended several times since.

urged the CFTC and other US market regulators to follow five principles when regulating digital markets: embrace innovation, protect intellectual property, repurpose old rules for an emerging digital age, unburden the economy for growth, and champion US markets.

state surveillance, social credit systems, law subservient to the state, and centrally planned economic activity—will be embedded into the future of money, diminishing the vibrancy and health of the global economy, individual liberty, and human advancement.

This can be traced entirely back to the pro-entrepreneurial culture that America has long established through its rule of law and thoughtful regulation.

This wave will do to currency, financial instruments, and economic activity what the Internet of Information did to knowledge: reduce costs, increase speed, transcend barriers, improve accessibility, enhance certainty, and decrease bottlenecks to instantaneous transactions across the globe.