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.
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