Fed's Brainard Says Crypto Needs 'Regulatory Guardrails'

The video discusses the collapse of FTX and its impact on the crypto market, highlighting the interconnectedness and risks similar to traditional finance. It emphasizes the need for regulatory measures to protect retail investors and ensure that crypto finance operates under appropriate guardrails. The discussion also covers the importance of balancing innovation with regulation to ensure positive contributions from crypto platforms.

What regulatory measures are suggested to protect retail investors in the crypto market?

What is necessary for the innovation in crypto platforms to contribute positively?