Adam Garetson, speaking recently with Investing News for Gowling WLG's Blockchain & Smart Contracts Group, shared his perspective on the ongoing debate over cryptocurrency regulation in the United States. With the SEC (Securities and Exchange Commission) and CFTC (Commodity Futures Trading Commission) grappling with jurisdiction, Garetson addressed the unique challenges each regulator faces.

"I think that the SEC is more resourced than the CFTC from an investigation and enforcement perspective, but I think the underlying asset class does lend itself well to consideration by commodities regulators, particularly Bitcoin and Ether," said Garetson.

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Blockchain & Smart Contracts Group

Gowling WLG's Blockchain & Smart Contracts Group delivers cutting-edge legal guidance in the fast-evolving fields of blockchain technology, cryptocurrency, and smart contracts. From advising startups and investors to assisting established corporations and financial institutions, the team combines in-depth technical knowledge with a commercial approach to help clients navigate emerging legal challenges. Learn more about Blockchain & Smart Contracts Group.