Look, government has often lagged behind changes in the market, always credit default swaps, electronic trading. Government was 9, 10 years in making rules that governed what the market had already done. But this is an … Europe has done that [implemented rules and regulations for crypto companies]. … is aptly named, which would provide clarity. Because what the companies are saying is tell me the rules, tell me the regulations. I need a referee. (11:41–11:46)
CLAIM
Asserts that Europe has implemented rules and regulations for crypto companies.
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