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Kirsten Gillibrand: “Cryptocurrency, blockchain is not regulated today.”

Featuring: Kirsten Gillibrand, Democratic | U.S. Senate New York

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Senator's Call for Cryptocurrency Regulation in New York

Published | Video Starts at 00:29

But we need this market to be regulated because the United States and New York specifically is the center of the world financial markets. It has been, and we would like it always to be. But one of the challenges is Cryptocurrency, blockchain is not regulated today. There's no rules of the road. And so I was a former securities lawyer for over a decade here in New York City. I understand financial regulations, I understand securities law, I understand commodities laws. (00:29–00:32)

CLAIM

Asserts that cryptocurrency and blockchain currently lack regulation.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


Kirsten Gillibrand

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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