That’s why crypto markets are the Wild West, within the phrases of recent SEC Chair Gary Gensler, which is a characteristic, not a bug, in keeping with adherents. Regulators aren’t prone to tame them or forestall U.S. buyers from taking part in them. Sure, peculiar buyers have lengthy been banned from shopping for what regulators deem to be “refined” investments, corresponding to hedge funds, non-public fairness and enterprise capital — by no means thoughts that non-public property are a lot simpler to grasp than the derivatives obtainable to youngsters on buying and selling apps. However these exclusions appear more and more antiquated as markets open to extra buyers, and in any occasion, decentralized markets can’t be gated simply.
https://www.washingtonpost.com/enterprise/investors-need-more-than-regulators-for-protection/2021/09/07/f67e8354-0fd3-11ec-baca-86b144fc8a2d_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_business | Buyers Want Extra Than Regulators for Safety