Davis Polk partner Joe Hall was quoted in Grid on Washington’s reluctance to regulate cryptocurrency and the turf wars between federal agencies and committees.

“Every time there’s a scandal, the SEC gets hauled up in front of Congress and excoriated,” Joe said. “If you decide that what you’re going to do is create a brand new regulatory scheme for crypto, then the inevitable scandal occurs, you’re going to be roasted on a spit.”

“Even after the FTX scandal, Washington is bamboozled over how to regulate crypto,” Grid (December 12, 2022)

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